TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Amends Service Tax Rules for Real Estate: New Conditions on Carpet Area, Pricing, and CENVAT Credit</h1> The Government of India, through the Ministry of Finance, issued Notification No. 09/2013 to amend Notification No. 26/2012-Service Tax. This amendment modifies the service tax provisions related to the construction of complexes, buildings, or civil structures intended for sale. It specifies conditions for residential units with a carpet area under 2000 square feet and priced below one crore rupees. The amendment stipulates that CENVAT credit on inputs must not be claimed, and the land value must be included in the service charge. This change aims to align with public interest considerations under the Finance Act, 1994.
TaxTMI 