Manjaly 12 February 2016

Service tax for under-construction property

Whether a builder have to pay service tax when he sells an under-construction property?

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4 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 12 February 2016

It is applicable only before receiving completion certificate from the authorities like Municipality.

Chandra Shekhar Gupta (Proprietor) 11 March 2016

Yes, it is necessary

KST (DCM) 02 May 2016

I have a query like service tax to be paid only when a Builder or Landlord sells any of the flats before receiving the completion certificate from required authorities.

In any case land lord do not want to sell his share of flats, I hope so landlord need not pay service tax for his share, for this municipality will not object.

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