Service tax applicability - sale of built up area

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ervice tax applicability - sale of built up area<br> Query (Issue) Started By: - amitosh Moitra Dated:- 16-3-2007 Last Reply Date:- 16-3-2007 Service Tax<br>Got 1 Reply<br>Service Tax<br>Upon collabo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ration between the owner of land and a bulder in which the builder develops the whole commercial property and gets half the built up area to sell, is there any service tax liability on either party to....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... charge and pay any tax due to this arrangement? pls note that it is a collaboration and not a mere contract of construction given to the builder. Therefore, the builder is like a defacto owner of his....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... portion of property. Also, for any contractor that the builder hires to construct the entire property, he is paying service tax to the contractor on the services rendered. Reply By Surender Gupta: T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Reply: Based on your query, contractor would be liable to pay service on the entire project under the new category "work contract". Manner in which consideration is received is not relevant factor ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....to decide the tax ability of a project.<br> Discussion Forum - Knowledge Sharing ....