impact of service Tax on construction industry

This query is : Resolved 

28 December 2008 i am working in a pvt.ltd. construction company and we do not have a service tax no while building flats we engage contractors and we give to them the work like masons, carpentars, painters, electricians, plumbers even they do not have sevice tax no so i want to know the impact of service tax on us, while registration of the flats we register the flat as semi finished flat and we give construction agreements to the customers whether these sonstruction agreements attract service tax or not, we have also developed land in plots and we have sold them to customers and we have collected developments charges whether this development charges attract any service tax i want to know

28 December 2008 From the given facts I understand that your company is a Works Contractor covered u/s 65 (105)(zzzza) of Finance Act,1994 and accordingly service tax attracts.

The 2nd issue is left open for want of details.

28 December 2008 YES SERVICE TAX IS APPLICABLE TO YOU

YOU REQUIRE ANY FURTHER HELP

CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674




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