In case of Joint Development agreement, Builder will give some flats/shops to land owner in lieu of land cost. In such case service tax payable in respect of these free flats/shops.
I think it is applicable from 01-07-2010, Pls confirm.
RAMESH (Expert) (93 Points)
26 November 2010In case of Joint Development agreement, Builder will give some flats/shops to land owner in lieu of land cost. In such case service tax payable in respect of these free flats/shops.
I think it is applicable from 01-07-2010, Pls confirm.