servica tax on sale on residential property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 whether service tax payable on sale of a residential property after developing it ?? on making Development agreement whether it is required to pay service tax ?? please help as soon as possible...

Thank you sir !

Sir , if we dont have ownership of land than who have to pay service tax to whom ?

Thank You Sir,
in this provision on 33% of total cost service tax 10.3% applicable, isnt it?

CA Unnikrishnan Nair N

CA Unnikrishnan Nair N (Expert)
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18 March 2011 Even sale of residential complex after developing attracts service tax if payment received before completion certificate.But other conditions of more than 12 units, common area etc. apply.