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No Service Tax for Builders on Flats Exchanged for Land Share, Exempted Under Tri-Partite Agreement.

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Full Text of the Document

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....Construction of residential and commercial complex - Tri-partite Agreement - there cannot be any service tax liability in respect of the construction of flats provided by the appellants to the erstwhile 45 flat owners in lieu of their relinquishing their undivided share of land.....