12 January 2014
Suppose some builder has before getting completion certificate from the competent authority, taken advances from 3 flat booking parties, then he builder will be liable to service tax. But, as regards the remaining 10 flats, the builder has not taken any booking charge from any party and he gets the entire consideration of flat selling after getting completion certificate from competent authority. All 13 flats are part of a single site. Then for 10 flats which are sold after getting completion certificate, service tax is payable?