If assessee do agreement with the developer for the development of the land and received some money for the said right to develop the land , without giving right to sale the land - is it within the crieteria of service tax ?
Mihir (Account head) (239 Points)
14 March 2011If assessee do agreement with the developer for the development of the land and received some money for the said right to develop the land , without giving right to sale the land - is it within the crieteria of service tax ?
Pankaj Arora
(Learner)
(3134 Points)
Replied 14 March 2011
No… its not come under service tax criteria because service tax is applicable on sale of flat…
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 14 March 2011
you will covered under Construction Services- preferential location and development.