construction of residential complex

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2011 builder is under taking construction of residential complex . it has 30 units . 18 units are sold 12 units are occupied by him for personal use. will the service tax liability on 30 units or on 18???????

Thanks in advance

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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06 January 2011 There is no sale , So no tax on 12 flats.

Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2011 Thanks for your reply sir.Sir i have one more question . land owner and builder entered into joint venture . builder alloted 12 residential flat to land owner in consideration of land. total units constructed is 30 units. who is liable to pay service tax and on how many units ? is there any decided case or notification for the same.

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