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taxability regarding land purchasing & development land


17 December 2010 please explain me about any tax liabilty under service tax or karnatak-vat - for purchasing the land and development as plots (but not construction)only layout.

is there any liablity in service tax or vat for that ?

& also in case of joint development made by the owner of land & land developer

17 December 2010 No service tax and VAT is payable on purchase of land.

In case of devlopment of land, please send more details.



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