TMI Blogtaxability on flats sales by builders after completionX X X X Extracts X X X X X X X X Extracts X X X X ..... taxability on flats sales by builders after completion X X X X Extracts X X X X X X X X Extracts X X X X ..... Hi Experts pls highlight on service tax liability on sale of flats after completion by the builder Reply By Rajesh Nathoo: The Reply: Dear Muthuswamy , If a builder is selling the flats after obtai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ning completion certificate , it would not be liable fo SeviceTax . Reply By Ravikumar muthusamy: The Reply: thanks and pls advise this completion certificate is issued by any certified surveyor or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any govt dept also pls advise if regn is done on uds portion only Reply By JAYARAMAN M: The Reply: builder to avoid service tax has to complete all flats, get the completion certificate as per his ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plan submitted. to the passing/developing authority after completion no service element in the absence any contract, and only the immovable property is sold which cannot service tax. Further it also ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will not attract any vat as immovable property is outside the purview of state sales act.
Reply By Ravikumar muthusamy:
The Reply:
Thanks a lot sir X X X X Extracts X X X X X X X X Extracts X X X X
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