Service Tax on Ready to move property in Chennai?

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  1. Preeti Dua

    Preeti Dua New Member

    Can anyone help to understand how much is the service tax a builder should charge on a ready to move property in Chennai?
  2. ZED

    ZED Well-Known Member

    If you paid any amount, before the builder received the completion certificate then ST is chargeable. But if the amount was paid after receiving the completion certificate and not before that, then service tax shall not be levied.

    At present the effective rate of service tax is 4.5%.
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