TaxTMI 
TaxTMI 
Status of Service Tax liability
X X X X Extracts X X X X
X X X X Extracts X X X X
....tatus of Service Tax liability<br> Query (Issue) Started By: - Sandhya Vijaykumar Dated:- 10-6-2015 Last Reply Date:- 11-6-2015 Service Tax<br>Got 2 Replies<br>Service Tax<br>Hello experts, Thanks i....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n advance. May I know the legal status in the given transaction. Here is a transaction such that, an agreement was entered between promoter/builder and prospective buyer for sale of flat on completio....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n of construction of residential complex. Now, at the stage when only foundation and compound walls have been constructed leaving the rest of the majority work incomplete, the promoter/builder has tra....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nsferred the agreement to execute the contract to another promoter/buyer. In this scenario, what would be the status of service tax liability on the new promoter/buyer? N S SANDHYA Advocate, Bangalo....
X X X X Extracts X X X X
X X X X Extracts X X X X
....re Reply By ashish chaudhary: The Reply: If new promoter receives advance from the buyer, service tax liability would arise. If no advance received before completion of service by new builder, no li....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ability in his hand Reply By Mahir S: The Reply: The original (old) builder has to first discharge his duty liability for all payments and advances received till date and thereafter the new promoter....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... shall be liable.<br> Discussion Forum - Knowledge Sharing ....