Deemed construction service: builders liable for service tax unless full payment follows issuance of a competent completion certificate. Construction of complex intended for sale is deemed a taxable service by the builder unless full consideration is paid after issuance of a competent authority completion certificate. The explanatory amendment effective from 1-7-2010 treats construction for sale as a service except where no sum is received from or on behalf of the buyer before grant of the completion certificate. Pre-effective-date services attracted no tax but any amounts collected as service tax for such services must be deposited; payments made before the effective date are exempt subject to documentary evidence. 'Authority competent' includes registered architects, chartered engineers and licensed surveyors authorised to issue completion certificates.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed construction service: builders liable for service tax unless full payment follows issuance of a competent completion certificate.
Construction of complex intended for sale is deemed a taxable service by the builder unless full consideration is paid after issuance of a competent authority completion certificate. The explanatory amendment effective from 1-7-2010 treats construction for sale as a service except where no sum is received from or on behalf of the buyer before grant of the completion certificate. Pre-effective-date services attracted no tax but any amounts collected as service tax for such services must be deposited; payments made before the effective date are exempt subject to documentary evidence. "Authority competent" includes registered architects, chartered engineers and licensed surveyors authorised to issue completion certificates.
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