Builder is asking service tax at 4.5 %

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  1. PRADEEP KUMAR JAIN

    PRADEEP KUMAR JAIN New Member

    I have booked a under construction flat in Rs 25.0 Lac. Builder is asking service tax @ 4.5 % of 25.0 Lac.
    Is it Ok.
     
  2. Karan Batra

    Karan Batra Well-Known Member

    If the flat size is above 2000 sq ft or the sale price of the flat is above Rs. 1 Crore - then Service Tax would be levied @ 4.5%
     
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