Home Forum Goods and Services Tax - GST Month 6 2020 2020 (6) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Regarding service tax - Goods and Services Tax - GSTExtract Dear Sir. I booked a flat in Bhopal from Bhopal development authority in the year 2011 and paid installment as per terms condition up-to 2013 to the tune of ₹ 4860000/- . Total cost of flat ₹ 6350000/- BDA has issued a demand letter and asking for remaining amount . The BDA classified cost of land and construction cost. on the remaining amount they are charging GST @ 12 % and also charging service tax @ 4.5% on ₹ 4860000/-installment paid by me. My question is that whether they can charge service tax @4.5% on installment paid by me .Service tax is chargeable @ 3.75% on gross value instead of 4.5% as the value of property is less than 1 cr. and assuming carpet area less than 2000sqft.
|