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Service tax in real estate


19 February 2014 If any builder sold a furnished flat and separate sale agreement is made for flat & furnishment.
then what will be the service tax rate on furnishment value.
Abatement of 75% will be allowable or not?
Means ST rate will be 12.36 % or 3.09%(after abatement)

20 February 2014 NO ST if sale is made after receipt of completion certitifcate.

20 February 2014 Both Agreements are done before completion & consideration also received before completion.




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