Dear All,
Pls lite on this topic:-
We are in construction business in UP and making a multi storied apartment here. We are doing this business by Pvt. Ltd Firm and having service tax registration . some days ago some people from development authority comes on construction site and ask for sale tax registration which we do not have yet. However we do not sale a single unit yet but get some Partial Payment (advance) from clients
So pls suggest us if we get registration now , is there any penalty lies on us.
Thanx
CAclubindia
