AS CAR PARKING IS EXEMPT FROM PREFRENTIAL LOCATION CATEGORY, IS SERVICE TAX PAYABLE IF COVEERED PARKING IS BILLED AS Rs.200000/- IN ADDITION TO BASIC AMOUNT OF FLAT UNDER COMPLEX CONSTRUCTION SERVICE BY THE BUILDER ON 25.03.2012.
CAR PARKING
puneet virmani
Is Service Tax Applicable on Covered Parking Space Billed Separately from Flat Purchase? Clarification Needed. A discussion on a forum addresses whether service tax is applicable on a covered parking space billed at Rs. 200,000, in addition to the basic amount of a flat under complex construction services, dated March 25, 2012. The query highlights that car parking is exempt from the preferential location category. A respondent asks for clarification on the query without providing a direct answer. (AI Summary)
TaxTMI
TaxTMI