15 February 2011
Hello mayur, The answer to your query is as under: The builder is liable to pay service tax and he has the right to recover the ultimate liability of service tax from the buyer. If the buyer is the ultimate end user of the flat, then the question of availing credit is not arise. Hope this will clarify your query.
16 February 2011
but the buyer has not purchase flat he has purchase a (office)- commercial property to carried down his business and is even liable to pay service tax . Now can he set off his service tax liability with the service tax he had paid on purchase of business premises