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Service tax on flat purchased in 2003 but conveyance registered now.

(Querist) 21 April 2013 This query is : Resolved 
Dear Sir,
I had purchased a Flat from a Developer (Builder) in Jan 2003 by Agreement of sale for Rs. 20 Lakhs. All payments were completed by March 2003. The possession of the Flat was given in July 2003. But the Conveyance Deed could not be completed as the original land owner died without a will. All the legal heirs have now agreed to complete the Conveyance now.
Please advice is Service Tax applicable even though all payments were completed in March 2003 & possession taken in July 2003.
Regards
Arun Tainwala
Vineet (Expert) 11 May 2013
No, Service tax is payable only on payments made after 1st July, 2010 in respect of under construction flats.
Arun Tainwala (Querist) 14 May 2013
Dear Mr Vineet,
Thanks for the clarification.
Regards
Arun Tainwala
Guest (Expert) 10 December 2014
Well Advised


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