Easy Office
LCI Learning

Service tax for real estate developer

This query is : Resolved 

26 May 2012 Whether Real Estate Developer is liable to service Tax. If he develops his own properties (Residential & Commercial) and sells it.

27 May 2012 Dear Nishit,

Real estate developer (RED)would liable for Service tax only when he receives certain amount of money prior to receipt of completion certificate otherwise not.

I understand from your query that RED has its own land and he would construct it for development purpose.

27 May 2012 I agree with Mr. Shah.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query