Service Tax

Abbas (Manager) (25 Points)

04 May 2010  

 


Hi,

In the current Finance bill, there was an introduction of service tax on real estate for properties unders construction. I have purchased a flat in Aug 2009 and also registration done in Aug 2009 which is still under construction, I already paid about 75% of the total sale value to the builder. Will I have to pay the service tax thats passed in this financial year, my flat will be ready in 2nd week of June 2010 even I purchased the property in Aug 2009? please help me on this subject.

Thanks in advance,

Best Regards

Abbas