TMI BlogService Tax Liability on self made residential apartmentX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax Liability on self made residential apartment X X X X Extracts X X X X X X X X Extracts X X X X ..... have purchased plot and started construction to prepare apartment for residential use. I will purchase all the required material and appoint labour on salary basis. I will pay them salary on daily ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sis by cash. Apartment will contain 15 flats. It will be completed after one and half year. I have neither entered into any kind of sale agreement/contract to anybody nor received any advance from an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ybody. I intend to sell this flats after completion of all type of work and when it will become ready to use at the prevailing market rate at that time. My query is in this case service tax is applic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able or not. if yes when i have to take registration under which category and how to calculate service tax. Thank you Reply By Madhukar N Hiregange: The Reply: No liability under either VAT or Serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice tax in this case as long as it is genuine and evidence available. X X X X Extracts X X X X X X X X Extracts X X X X
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