Hi,
I have booked a flat in Pune on Oct 2010. It is going to be completed in Diwali of 2012. My Flat agreement cost is Rs. 2132828.
My question is, I have been said by builder to pay service tax till 30th June as per below.
Service Tax is 2.575% of Agreement Cost paid before April 2012, & 3.09% for remaining amount.
Can you please elaborate on service tax rules and regulations on basis of which percentage is calculated.
Thanks & Regards,
Abhijeet Pawar
