Is Residential Complex Maintenance comes under Service Tax

Saurabh Agrawal (Tax Advisor) (23 Points)

01 May 2008  

Dear All,

A residencial Complex Maintenance Comes under Service Tax Liability.

The Colonizer at the time of booking collect Rs. 30,000/- as society charges for further Maintenance of complex. And collect Rs. 300/- p.m. per house as monthly maintenance charges.  My question is that is he is liable to pay service tax on Rs.300/- and the interest received from Bank on Rs. 30000/- which he is incurred for maintenace of complex.

Saurabh Agrawal