Service Tax

POSTED BY amcokannan amco ON March 6, 2013 2:07 pm ONE COMMENT

Iam a small builder constructing flats in chennai. Usually the flats are built with G+2. Ground floor flat + slit, first floor – two flats, second floor – 1 flat. The approx total builtup area of the flat is around 3600 sqft. My question is whether should i charge service tax from my customers who book the flats during construction stage. My other applciable charges apart from built up area is EB and car parking charges. Pls advise…

One reply on this article “Service Tax”

  1. Dear amco, thanks for your query but it’s a technical issue which can be answered only by an expert on service tax matters. This forum deals with personal finance only & I douubt you ‘ll get any serious advice here. In general for the given data, if your total construction cost is more than a specified limit (eligible for zero service tax), you should charge. But do remeber, if you ‘ll charge the tax, you should also register yourself for service tax in Govt. records.

    Thanks

    Ashal

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