Applicability of service tax on land plotting

This query is : Resolved

DIPAL SHAH (Querist)
Follow

03 December 2012 Is service tax applicable to the assessee who does the activity of plotting & selling the plot of land with amenities like clubhouse, garden. Assessee is not constructing the house. it just does the activity of plotting for the land owned by the assessee and then sell the plot of land with amenities as mentioned above. If it is applicable then what will be the rate & abatement, if any, available or not.

Read more at: https://www.caclubindia.com/forum/service-tax-on-land-development-amp-plotting-193832.asp#.ULyVw-Ta_wo

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

03 December 2012 with the inclusion of negative list with effect from 01/07/2012, this can be covered under service tax. No abatement available. (Better if you could associate some construction activity along with plotting)