Abatement rate notification on commercial complex
This query is : Open
22 April 2014
If one contractor registered under Construction of Industrial or commercial complex, not in works contract service and gross amount charged in the bill/invoice exclusive of cost of land then what percentage of service tax he will be charge on his bill/invoice? is it 33% of 12.36%? but 33% abatement rate not mentioned anywhere in the Notification No. 26/2012-ST dt. 20-06-2012
Kindly resolve
Kindly resolve
22 April 2014
S TAX ON TOTAL GROSS VALUE INCLUDING LAND COST.
UNDER NOTIFICATION NO 26/2012-ST.ABATEMENT
UNDER NOTIFICATION NO 26/2012-ST.ABATEMENT
22 April 2014
I know that but this abatement usually enjoyed by the developers, not contractors who is engaged by the developers to construct the property. contractor who contract the property by virtue of order of developers, no land value inclusive of his contract & if he registered under Construction of Industrial or commercial complex service if he enjoy any abatement?
22 April 2014
CAN U WRITE SEPARATE AGREEMENT FOR ONLY CONSTRUCTION OF BUILDING WITH OUT REGISTRATION OF LAND AND BUILDING.
CAN WRITE A AGREEMENT WITH FLOT OWNER( PURCHASE APARTMENT) FOR ONLY CONSTRUCTION OF RESIDENTIAL HOUSE.
SO U CAN ENJOY WITH OUT LAND COST AND REGISTRATION COST EFFECT.
CAN WRITE A AGREEMENT WITH FLOT OWNER( PURCHASE APARTMENT) FOR ONLY CONSTRUCTION OF RESIDENTIAL HOUSE.
SO U CAN ENJOY WITH OUT LAND COST AND REGISTRATION COST EFFECT.
22 April 2014
If we entered an agreement with builder/developers only construction of building,then in think it will not enjoy abatement 75% under construction of commercial & industrial service. because 75% abatement only available when the gross value include land cost. is any abatement enjoy a contractor when he construct a building commercial or residential?
If we entered an agreement with builder/developers only construction of building,then in think it will not enjoy abatement 75% under construction of commercial & industrial service. because 75% abatement only available when the gross value include land cost. is any abatement enjoy a contractor when he construct a building commercial or residential?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
