I have constructed my first building of 16 residential units where in I have collected service tax and deposited. In the same year I am constructing another building having only 8 residential uints,am I liable to collect the service tax from the flat owners of the second building having 8 residential units?
22 February 2012
Hi, i think,if both the buildings are in same premises, service tax will be laviable but if the building consisting of 8 residential units is on the different premises, no service tax will be lavied since the same building will not be covered as residential complex. Premises means a piece of land consisting of buildings or building together with its grounds.
CAclubindia
