Service Tax Reference reciept

[RAVINDRA BABU CHAGANTI]

Dear sir,

We were paid the service tax to builder 3.09% of agreement sale value on July-2015, but till date builder has not given service tax acknowledgement,

Could please explain about the Service tax acknowledgement towards My building name and Flat number are available?

[Ganeshan Kalyani]

The builder has collected service tax from you but he may not pay it one on one. He will sum up with service tax of other buyers as well for payment to government. Further the rate seems to be less.

[DR.MARIAPPAN GOVINDARAJAN]

No acknowledgement for collecting service tax from you is required to be given. The acknowledgement given for the receipt of the entire amount on the bill raised by him is the acknowledgment. As pointed out by Shri Ganeshan, the service tax seems not to be correct.

[KASTURI SETHI]

Sir,

I agree with both Sh.Ganeshan Kalyani Sir and Sh. Mariappan Govindarajan Sir. Otherwise also 100% liability of collecting and deposit of Service Tax lies on Builder Co., it being business entity as it appears from the query that construction service has been provided to individual.

AI Summary

Service tax liability: builder must collect and deposit tax; no separate buyer acknowledgement required, rate review suggested. The builder is responsible for collecting and depositing service tax on construction services; purchasers do not require a separate service-tax-specific acknowledgement because the bill or receipt for the amount collected serves as acknowledgment. The builder may aggregate collections from multiple buyers when remitting tax, and the applied service tax rate in the transaction should be reviewed for accuracy.