POSTED BY April 3, 2013 11:35 am COMMENTS (5)
ONDear Friends,
I booked a flat in a project in Noida, builder is charging some extra percentage as service tax on each payment of a demand, mentioned below:
Additional Chargers | Server Tax Rate (%) |
Basic Rate | 12.36 |
Front/Road View (PLC) | 12.36 |
IFMS | 0 |
Covered Parking | 3.09 |
Club Charges | 12.36 |
Power Back Up | 12.36 |
Lease Rent | 3.09 |
Question: Is above % of service tax is correct on each payment? Do we need to pay service tax + Ed. cess on each payment or only some of the payment because I heard somewhere that ‘Covered Parking’ is free for service tax, please clarify??
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Dear Nitin, please check the service tax related link shared by me in one of the earlier post.
Thanks
Ashal
Ok but my question was, is all part of payment mentioned below is eligible for ST including car parking?
Basic Rate
Front/Road View (PLC)
IFMS
Covered Parking
Club Charges
Power Back Up
Lease Rent
As per my demand letter, they are charge 12.36% as ST for below parts:
Basic Rate
Front/Road View (PLC)
Club Charges
Power Back Up
And for rest they are charging 3.09% as ST
So questions are:
1. Is all above part are eligible for ST ?
2. If yes, then is above mentioned % is correct?
Dear Nitin, are you referring for VAT query in Tamilnadu? The Service Tax rate is 12.36% all over india common.
thanks
Ashal
@Ashal: That links talk about TN state, my property is in Noida, is same rule is applied everywhere?
Could you please quickly comment on the applied rate, are they okay?
Thanks
Dear Nitin, Please check the past discussions on the same issue here. Just few days ago, the same matter was discussed. Please check that discussion.
Thanks
Ashal