Servicetax on landowner share flat
Sir,
If any buyer purchasing the flat of land owner share, is the service tax is to be paid by buyer or not?
Regards
Ram
Dispute Over Service Tax Liability in Property Purchase: Should Buyer or Landowner Pay? Key Arguments Explored. A buyer purchased a flat from a landowner during its construction phase, raising questions about service tax liability. The landowner, not the builder, received payments, and now seeks service tax from the buyer at registration. One respondent suggests the buyer should pay the service tax, with the landowner responsible for depositing it with the government, advising the buyer to obtain the landowner's service tax registration number as proof. Another respondent argues the landowner cannot demand service tax, as no service was provided. The discussion also questions if the landowner can offset service tax paid to the builder against what is collected from the buyer. (AI Summary)
Service Tax