Notification : Service tax exemption for house under 20 L ?

This query is : Resolved

CMA. Subhash Kumar Jha (Querist)
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16 September 2010 Urgent :

Kindly provide to me the notification which says that the recent provision of levying service tax on under-construction property will not apply, where the cost of the house is less the 20 Lacs.

Thanks.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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16 September 2010 Not heard of any such notification. No such notification.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)
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16 September 2010 Can you go to the following link & see the section : Exemption # point 3.

http://www.etaxindia.org/2010/08/sale-of-under-construction-houses-to-attract-ervice-tax-from-july-1.html

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CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)
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16 September 2010 Open

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)
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16 September 2010 Also see the point no 6 of the below link :

http://www.investmentyogi.com/taxes/service-tax-for-new-home-purchase.aspx

Aditya Maheshwari

Aditya Maheshwari (Expert)
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16 September 2010 Thanks for the info but still no notification is there for the same.