New Service Tax Rate of 14% on Under Construction Flat

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  1. Shishir Nayak

    Shishir Nayak Member

    Yes 14% is inclusive of secondary and higher secondary cess
     
  2. jaiwardhan kumar

    jaiwardhan kumar New Member

    Thanx reddyji.
     
  3. panks4587

    panks4587 New Member

    Hi Akansha,
    Is there any official website wherein i can check the new service tax effective date? will it be effective from March '15?
     
  4. Parul_Gupta

    Parul_Gupta Active Member

  5. panks4587

    panks4587 New Member

    Thanks for your quick reply. I appreciate.
     
  6. mahesh_kumarg

    mahesh_kumarg New Member

    How would the rate affect a construction linked plan. Assume 3 part payments made and 7 remaining as per CLP? What's the service rate to pay in the following cases
    1- Demand generated before 31st May 2015 for part stage completion
    2- New demand in June raised for another slab completed
     
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