Liability of service tax - real estate developer

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Whether Real estate developer /promoter are liable to service tax under WORKS CONTRACT or any other head taking into consideration the judgement set by Raheja case and recent Magus Constraction in Guahati High Court

AI Summary

Debate Over Real Estate Developers' Liability for Service Tax Under Works Contract; Awaiting Apex Court Decision A query was raised regarding the liability of real estate developers to service tax under the works contract category, considering judgments from the Raheja case and the Magus Construction case in the Guwahati High Court. A respondent opined that, pending the final verdict from the Apex Court, real estate developers should not be liable for service tax. Despite the Raheja Developers judgment, the respondent believes there are strong arguments supporting the developers' exemption from such tax.