Service Tax on Residential Property

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  1. Suneel Dutt

    Suneel Dutt New Member

    Sir,91
    Please guide me on service tax to be paid in case of residential property. It was an under construction property at Zirakpur, possession by 6 months. Super Area 1690 sqft; Deal Amount : 50,70,000/-;
    Sir, I have 2 queries:

    1. As per MOF Notification 26/2012 it was 3.75% of Service Tax (25%) also updated on your website; but as per MOF Notification 8/2016 it is 4.5% of Service Tax (30%).
    2. Whether Delhi High Court Judgement on not to pay Service Tax on under construction property will applicable?

    Regards

    Suneel Dutt
    +91 8130 888 441
     
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