https://www.taxtmi.com/forum/issue?id=3767 Construction services are taxable where a project meets the definition of a residential complex (generally more than twelve residential units with common areas and facilities) or where the builder receives payment from a buyer before issuance of a completion certificate by a competent authority. Payments received prior to completion certificate are deemed services by the builder to the buyer and taxable from the 2010 amendment; exemptions include complexes of twelve or fewer units, sales after completion certificate with full consideration received post completion, certain public housing schemes and receipts predating the amendment. Builders may elect abatement (with corresponding Cenvat disallowance) or tax the value of services and claim Cenvat credit; compliance obligations include registration, invoicing, timely payment, returns and recordkeeping. en-us Mon, 30 Jan 2012 16:11:03 +0530 Thu, 23 Jan 2025 15:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3767 Construction services are taxable where a project meets the definition of a residential complex (generally more than twelve residential units with common areas and facilities) or where the builder receives payment from a buyer before issuance of a completion certificate by a competent authority. Payments received prior to completion certificate are deemed services by the builder to the buyer and taxable from the 2010 amendment; exemptions include complexes of twelve or fewer units, sales after completion certificate with full consideration received post completion, certain public housing schemes and receipts predating the amendment. Builders may elect abatement (with corresponding Cenvat disallowance) or tax the value of services and claim Cenvat credit; compliance obligations include registration, invoicing, timely payment, returns and recordkeeping. Discussion-Forum Service Tax Mon, 30 Jan 2012 16:11:03 +0530 https://www.taxtmi.com/forum/issue?id=3767