Service tax calculation

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  1. yashpund

    yashpund New Member

    Is it right to pay service tax by builder on complete projects carpet area which is more that 2000spft therefore its 4.5%, or he should collect for individual flat where rate is qutaed as super built up area into per sqft price. It it is less than 2000sqft it is 3.75%. Please guide.
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Service Tax would be levied on the carpet area
     
  3. yashpund

    yashpund New Member

    Hi, Thanks for your immediate revert. Could you please advise in above case what should be the service tax percentage as carpet area 670 sqft of individual flat and what should be the abatement.
     
  4. Karan Batra

    Karan Batra Well-Known Member

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