I have one query regarding payment of service tax with interest.
I have purchased underconstruction flat in sept 2011, At the time of agreement Builder was not asked about Service Tax but Now in June 2013 he is asking for Service Tax with Inerest from the date of agreement. He saying like at the time of agreement Sept 2011 Service Tax was not applicable on under construction flat.
My question is As per my knwoladge Service tax on construction is wef 2010. So In this should i need to pay ST for 2 yr or 1 yr. Also At the time or after 2 yrs of the agreement builder does not inform about Service tax, sudden he is asking for Interest,
Kindly suggest should i need to pay Interest on tax or not. what action i need to take, How do i need to handel this situtaton.
Pls guide me through