Service tax related

This query is : Resolved 

09 January 2013 what will be the applicable rate of abatement as per the latest service tax amendments for construction of residential units if consideration doesn't cover value of land ?

10 January 2013 Dear Govind,

If it does not include the value of Land the tax payable on 40% of Value in terms of Valuation Rules.
Here 26/2012 does not apply.

Thanks



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