Dear Exper Team,
Will you be able to confirm on the appcability of service tax if the following condtion pravails?
1.If it is an stand alone building consisting 9 flats not a part of housing complex consisting swimming pool,gym,club house etc.
2.Flats are of 470 Sq.ft. & 770 Sq.ft super built up area so it falls in the low-cost housing segment i.e.less than 600 sq.ft carpet area and property worth less than Rs. 20 lakh individiually.
3.If service tax is applicable on car parking/garage chages if it is mentioned separately in the agreement.
4.The buyer is liable to pay the builder Service Tax at the time of purchase of property, which the builder will in turn deposit with the Govt and if the Builder does not collect Service Tax separately, will it imply that the amount paid by the buyer is inclusive of Service Tax?
5.Since stamp duty not paid at the time of sale agreement,so part payment made will be considered as token advance and if full payment is made after completion certificate is obtained,then is anybody liable to pay service tax on behalf of the builder?
Awaiting for your valuable suggestion.
Regards,
A.Bhattacharjee,
