Service tax on transfer of underconstruction falt

sandeep (Querist) 30 March 2016 This query is : Resolved
I have booked a flat in Mar 2013. Its now ready to move . Pending for me to take ownership.
I want to sell the property now.

Builder has provided an option to transfer the rights to buyer by paying them 1% of the property sale amount.

I have already paid the service tax .

Do the buyer(the person I am selling the property to) has to pay service tax again ??

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Adv. Yogen Kakade (Expert) 31 March 2016
wrong forum .. ..

Rajendra K Goyal (Expert) 01 April 2016
discuss with tax consultant.

Hemant Agarwal (Expert) 07 April 2016
1. What the builder is demanding is his 1% commission /profit and NOT "service tax".

2. On re-sale of Flats, there is no Service Tax involved and re-sale flats can be sold without service tax

Keep Smiling .... Hemant Agarwal
http://www.maharashtra-society-help-forum.com

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