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Service tax to Joint venture of consturction

Service Tax - Started By: - Sunil M D - Dated:- 3-5-2016 Last Replied Date:- 4-5-2016 - Dear All,Request you to provide your opinion on the below query. Facts : There is an agreement between Landowner (A) and developer (B) for construction of residen .....

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is receiving the consideration of 8 flats. Now the question is: 1) Who will collect and pay the service tax on 8 flats sold by A ? 2) Will there be any service tax liability on B towards service provided to A for construction of 8 flats ?If yes, how .....

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quries are as follows: -[Q.1: B will pay service tax on the 8 flats given free of cost to A, the land owner. When A sells the 8 flats to independent buyers he has to pay sales tax/VAT as per the law applicable.Q.2: Yes. B is liable to pay service ta .....

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ble profit.Q.3: If painting, flooring etc forms part of the sale price of the flats no separate service tax is payable on such activity since the same will be part and parcel of the price of flats. If the same is undertaken after sale of the flats to .....

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2 If comparable prices are not available, Chartered Engineer's Certificate can serve the purpose of arriving at the construction cost of 8 flats. Q.No.3 If the builder provides the service of painting, flooring etc. with material separately to th .....

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