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    <title>Applicability of service tax on advances or deposits received from the prospective buyers of complexes from the contractors cum owner- Whether advance or deposits</title>
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    <description>Advances or deposits form part of the taxable value only when received against a taxable service to be provided piecemeal and the point of taxation is the date of receipt; if tax is paid on such advances but the service is not rendered, the payer may claim refund. Advances not linked to any future taxable service are excluded from the taxable value.</description>
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      <description>Advances or deposits form part of the taxable value only when received against a taxable service to be provided piecemeal and the point of taxation is the date of receipt; if tax is paid on such advances but the service is not rendered, the payer may claim refund. Advances not linked to any future taxable service are excluded from the taxable value.</description>
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      <law>Service Tax</law>
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