Hi,
I bought a flat in Hyderabad for total worth of 3417825 INR which is including amenties,car parking etc.I booked it in Septemeber 2011 and 20 Lakhs as loan from HDFC.The builder is asking me to pay the service tax Rs 105616 which is 3.09% on total flat cost.
I ahve few queries
1.Service tax on total flat cost?
2.As service tax rule was started in 2012 and I booked in 2011.Shall I need to pay the service tax on total flat cost?
It will be great if someone helps me on this..