In case of construction of building or complex, if the entire consideration is received after receiving completion certificate which shows 40% work completed ,then will there be levy of service tax or not???????
SHIVANI MAHESHWARI (CA) (548 Points)
27 October 2012In case of construction of building or complex, if the entire consideration is received after receiving completion certificate which shows 40% work completed ,then will there be levy of service tax or not???????
sourav jain
(INTERNAL AUDITOR)
(128 Points)
Replied 27 October 2012
hii shivani
service tax is only exempted when project is 100% completed
Before that service tax is need to be paid
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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