Is service tax is applicable for villa projects?
Service Tax Liability on Villas
Greeshma Nair
Service Tax on Villa Projects: Personal Use Exemption vs. Commercial Obligations for Projects Over 12 Villas A discussion on a forum addresses the applicability of service tax on villa projects. The primary query is whether service tax is applicable when villas are constructed for personal use. Responses indicate that if villas are for personal use, they are generally not taxable. However, if a project consists of more than 12 villas or is for commercial purposes, service tax may apply under residential complex construction services. Various contributors discuss the nuances of service tax calculations, exemptions, and the implications of separate plan approvals for each villa. Specific calculations and scenarios are debated, highlighting complexities in service tax obligations. (AI Summary)