Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Amol (NA)     18 October 2013

Service tax liable project

I need expert opinion on the Service Tax on property.

We are planning to build a project where there are 5 residential flats & 6 commercial shops.

 

My question is, are all the flat & shops comes under Service Tax? I heard from different people that project having 5 or less than 5 residential flats are not comes under Service Tax.  Where are the rules & regulation mentioned for this?



Learning

 2 Replies

shagdeep (employee)     24 October 2013

Hello,

Yes residential are comes under service tax but if you have commercial shops then it is bind to pay service tax like electricity and water supply...

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     11 November 2013


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register