20 June 2012
This is regarding property service tax ,
Booking Date :- 28-Mar-11 Booking amount of 100000/- is debited from my account on 30-Mar-11 Builder Completion Certificate Date :- 31-Mar-11 Sale Agreement Date :- 11-Apr-11 Payment made after completion certificate :- Appro. 31 Lakhs.
Please confirm in above scenario do I need to pay service tax on whole agreement cost or service tax would be on payment made before getting completion certificate(i.e Rs.100000/-).
20 June 2012
payment before the completion is only the service amount. after completion this become sale agreement. Service tax is applicable only on Rs. 1 Lac.
20 June 2012
payment before the completion is only the service amount. after completion this become sale agreement. Service tax is applicable only on Rs. 1 Lac.