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Nilesh (Senior Software Engineer)     10 June 2014

Service tax on property

Hello All,

I purchase flat on date 06/06/2010.The Consideration Value is 1,624,590.00. The flat is under construction. I received service tax letter from builder. Builder reminds me about service tax before six months.

 

The details are as below.

Service Tax: 51000

Interest(18 % per anum)   : 19000.

Shall I paid this amount ?

 

Regards,

Nilesh Patkar

9004017744



Learning

 1 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     11 June 2014

The tax is subject to the certain rules. Mention the flat area, location, builder authencity etc. Please call on me 9989324294 for further guidance


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