23 January 2013
"Construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration is received after issuance of completion certificate by the competent authority"
My Question .. Suppose I Purchased A Commercial Property In A Commercial Complex after Completion Certificate was granted to the Bulder.
28 January 2013
If entire consideration is received by the builder after receipt of completion certificate the transaction becomes a sales and no service is involved and service tax is not applicable .