I have bought a flat last month. The cost(BSP) of the flat is 30 Lacs. I am yet to pay service tax of 3.09%.
Need advice. Is there any exemption limit on service tax. I had heard that if the cost of house is 30 Lacs then service tax of 3.09% would be levied on only 25 Lacs. Upto 5 Lacs there is an exemption
CAclubindia
