CAR PARKING

[puneet virmani]

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.

[DR.MARIAPPAN GOVINDARAJAN]

What is your query?

AI Summary

Service tax on additional covered parking billed separately questions taxability under complex construction service regime. Whether service tax arises where a builder bills a separate charge for covered parking in addition to the basic flat price under complex construction service, given that covered parking is treated as exempt from preferential location classification and was invoiced separately by the builder.