Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Service Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

when builder not collected service tax from the client and can he say collected amount from client is inclusive of service tax ?, Service Tax

Issue Id: - 111771
Dated: 13-4-2017
By:- RameshBabu Kari

when builder not collected service tax from the client and can he say collected amount from client is inclusive of service tax ?


  • Contents

when builder is charging the amount for the sale of apartment and service tax is not charging from client and charging the amount as per the amount mentioned in agreement in accordance with the govt norms but no service tax is collecting and can we show such collection amount is inclusive of service tax ? can we show the such service tax amount as collected and remitting to the department ?

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 13-4-2017
By:- KASTURI SETHI

Assuming that payment has been collected from the client by the builder prior to the completion certificate or occupation of the house, and thus the element of service is present. Builder has provided construction service in addition to the "sale". Under Section 67 (2) of the Finance Act, such collected amount is to be treated inclusive of Service Tax. This is cum-tax value. Service Tax has to be deposited. ST has to be computed by going backward from the gross amount charged.


2 Dated: 14-4-2017
By:- Himansu Sha

It will be a cum tax value. But care should be taken that the assessee does not collect any tax afterwards from the customers.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates