I have booked an under construction flat on May 15th 2010 and the builder made the agreement for the same on 09th August 2010. I want to know if I am legible to pay the service tax for the property since the rule on service tax is from June 2010. If I am eligible, do I need to pay service tax on the payments prior to June 2010. Also I believe the rule is that service tax should only be charged on labor and not on materials. Could someone clarify that for me please.
Finally is there a site where the govt has posted information regarding all this that I can refer to.
Thanks!
