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Service Tax

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(Querist)
09 December 2010 Sir
i want to know that, i m going to book flat in pune in Dec. 10 and whoes possession will be given in the dec. 11. he charges price inclusive of service tax applicable in dec. 10 i.e 2.50% however my i will getting possession in next FY so i pay tax at 2.50% or of next year's rate which might be coming down
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
09 December 2010 service tax payable on payment basis and till date there is no news on reduction of Service tax.

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