Liability of ST on landlord's share in construction service

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..... Liability of ST on landlord's share in construction service
Query (Issue) Started By: - onkar kumar Dated:- 6-7-2013 Last Reply Date:- 10-7-2013 Service Tax
Got 1 Reply
Service Tax
Sir, .....

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..... I have a query as under. A builders makes an agreement with landowner to built an apartment having more than 12 flat . As per agreement some of the flats is to be handed over to landlord after complet .....

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..... ion of the project and rest is to be sold by builder. I want to know whether there is service tax liability on the flats handed over to the landlord as his share? If yes, at which point of time liabil .....

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..... ity occurs? how the value will be determine? Thank You Reply By sanjeev bajaj: The Reply: Please refer to circular no. 151/2/2012-ST. It depends on the facts and agreement.
Discussion Forum - .....

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..... Knowledge Sharing .....

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