11 March 2011
1) if builders is putting small schme of 11 houses and accepting advance money for booking of houses after 01.07.2010 so in this case is builder liable for service tax .advance is more than 15 lacs
2) if builder having Vat number and also having permission of .60% rs paid as per gujarat VAT (GVAT).is service tax will be aplicable in this case
3) if builders is putting small schme of 15 houses and accepting advance money for booking of houses after 01.07.2010 so in this case is builder liable for service tax .advance is more than 15 lacs
2. Service tax and VAT has no relation. service tax is applicable even in case vat is applicable.
3. Yes, builder is liable.
CA Sandesh Mundra www.consultconstruction.com View our blog at blog.consultconstruction.com
Querist :
Anonymous
Querist :
Anonymous
(Querist)
15 March 2011
Mr Sandesh Mundra as per service tax new ammendment 01/07/2010 limit of 12 houses are now cancled if you need notification i can provide you and if builder is taking advances than also service tax is applicable