https://www.taxtmi.com/forum/issue?id=5367 Service tax liability is imposed on the value of flats constructed and transferred by a builder to a landowner under a joint development arrangement; the obligation rests on the builder and the taxable value is to be determined under valuation rules, typically by reference to cost of construction or the stamp duty value of the constructed units, with administrative guidance in Circular No. 151/2/2012-ST. en-us Fri, 01 Mar 2013 19:01:42 +0530 Thu, 23 Jan 2025 15:57:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5367 Service tax liability is imposed on the value of flats constructed and transferred by a builder to a landowner under a joint development arrangement; the obligation rests on the builder and the taxable value is to be determined under valuation rules, typically by reference to cost of construction or the stamp duty value of the constructed units, with administrative guidance in Circular No. 151/2/2012-ST. Discussion-Forum Income Tax Fri, 01 Mar 2013 19:01:42 +0530 https://www.taxtmi.com/forum/issue?id=5367