a coop housing society constructs multi storey flats for its members only and thereafter transfers to them at a consideration at market rate.Will it be liable for service tax liability. does the requirement of provision of service by one person to another so as to fasten the liability of service tax is fulfilled in this case.
service tax liability on coop housing society
Sanjeev Agrawal
Service Tax Liability on Cooperative Housing Society's Flat Transfers Explored Under Service Provision Rules A cooperative housing society constructs multi-story flats for its members and transfers them at market rates. The question raised is whether this transaction incurs service tax liability, considering the requirement of service provision from one person to another. The only reply in the discussion asks if the query has been resolved, without providing a definitive answer. (AI Summary)