SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES-ABATEMENT 75%

SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES Construction services – 25% taxable Abatement of 75%. Service provided with respect to Construction of complex, building, civil structure and part thereof , intended for sale , wholly or partially Except those where entire consideration is received after issuance of completion certificate by the competent authority. This is subject … Continue reading SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES-ABATEMENT 75%

Service tax on construction services-A clarification from the department

Circular No. 151/2/2012-ST F.No.332/13 /2011-TRU New Delhi, 10th February, 2012 Subject: Service tax on construction services — regarding. Many issues have been referred by the field formations, in the recent past, seeking clarification regarding the levy and collection of service tax on construction services [clauses (zzq),(zzzh) of section 65(105) of the Finance Act, 1994], in the light … Continue reading Service tax on construction services-A clarification from the department