Regarding service tax payable against house
rahul chavan
(Querist) 10 April 2013
This query is : Resolved
Hi,
Sir I have book the flat 1.5 years ago and have paid complete amount to the builder on the date of booking only for getting benefit on the rate of flat. ex . if Rate was 3400 then by paying full amount he gave me 2900 per sqft. Now after 1.5 year still the building is under construction. i have already paid the amount of my flat but want to go for registration after getting him completion certificate. So that i need not to pay him Service Tax. Builder is forcing me to pay Full service tax. Do i need to pay him service tax if i have not yet registered the Flat ? . if i will resister my home after completion then should i give him service tax as i had already paid the full amount of my flat(which is under construction) 1.5 year ago. ? Please give me the answer of this query .
R.Ranganathan
(Expert) 10 April 2013
Since you are going to register the Flat now only, service tax becomes applicable as per the present laws. You have to pay the same.
Adv k . mahesh
(Expert) 10 April 2013
yes you have to pay service tax applicable as per state to state
rahul chavan
(Querist) 10 April 2013
Ranganathan Sir, I m not going to resister my flat now . I have paid all the amount of flat but want to go for registration after getting the completion letter after 1 year. now the building is under contraction.
In this case do u need to pay him service charge.
Raj Kumar Makkad
(Expert) 10 April 2013
Service tax is payable only after handing over the possession of the property in question.
