Service tax on builder and developer.
This query is : Resolved
02 January 2011
1. Is service tax applicable to developer?
2. What is the lumpsum rate of service tax on builder/developer who pays vat also?
Your expert suggestions shall enlighten our base. Any other suggestions or tax planning advice on this topic shall be extremely kind on your part. Thanks a lot in advance.
2. What is the lumpsum rate of service tax on builder/developer who pays vat also?
Your expert suggestions shall enlighten our base. Any other suggestions or tax planning advice on this topic shall be extremely kind on your part. Thanks a lot in advance.
03 January 2011
Yes service Tax is applicable on developer and builders. Go through the explanation issued on 26.02.2010 vide DOFNo.334/1/2010-TRU and notification no. 29/21010 dt. 27-06-2010.
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