Is it required to pay Service Tax for the under construction Independent House(for one family) purchased through the builder.. The lay out is not approved by any competent authority. However the builder is contrcuting the 36 houses(with sft of 900 to 1250) in open space bytaking individual independent house permissions within a financial year.
Thanks for the answers.
Service Tax Applies to Under-Construction Homes in Unapproved Layouts, Part of Residential Complexes Per Notification. A query was raised about the requirement to pay Service Tax on an under-construction independent house purchased through a builder, where the layout lacks approval from a competent authority. The builder is constructing 36 houses within a financial year. One respondent clarified that no exemption from Service Tax is available, as the house is part of a residential complex as defined in the relevant notification. Another respondent emphasized that the tax is applicable regardless of the layout's approval status, as the house forms part of a complex. Concerns about potential legal issues due to lack of approval were also mentioned. (AI Summary)
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