Service tax on purchase of flat

Bibek Agrawal (Querist) 07 April 2014 This query is : Resolved
I had booked a flat on 19/02/13 by making a payment of Rs one lakh. after that made 30% payment on 25/04/13. balance 70% on 31/05/13 which in funded by bank. registration of my flat was made on 12/06/13. After one week of registration we started living in this flat. now the builder ask for payment of service tax. Are we liable for payment of service tax?

Follow Query

Report Abuse

ajay sethi (Expert) 07 April 2014
you have not mentioned whether you bought a under construction flat or you bought flat after building completion and issue of OC

Bibek Agrawal (Querist) 07 April 2014
Dear Ajay Sir,

I had booked the flat when it was almost 80% completed. bank has financed and given the disbursment at one time itself to the builder.

ajay sethi (Expert) 07 April 2014
your are liable to pay service tax

Rajendra K Goyal (Expert) 10 April 2014
Agree with the expert ajay sethi ji.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries