tag:blogger.com,1999:blog-2004257931445490362.post4625608406530097402..comments2024-03-26T15:10:46.095+05:30Comments on SIMPLE TAX INDIA: SERVICE TAX REDUCED ON CONSTRUCTION (FLATS) SERVICES WEF 01.07.2012RAJ KUMARIhttp://www.blogger.com/profile/12854260124513086419noreply@blogger.comBlogger103125tag:blogger.com,1999:blog-2004257931445490362.post-30117675190634308432016-04-07T16:19:44.035+05:302016-04-07T16:19:44.035+05:30Dear Sir,
I purchase a new flat which val...Dear Sir,<br /> I purchase a new flat which value 267000 at kolkata,West Bengal.<br />I paid 20% of total amount and all taxes then take a loan from LIC-HFL Rs 2136000. so how many % will requeir full for lad registration??Please sir tell me as soon as possible????thank you..............Anonymoushttps://www.blogger.com/profile/11819484144103996014noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-58723704495869914542016-04-07T16:07:21.998+05:302016-04-07T16:07:21.998+05:30This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/11819484144103996014noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-91971172440256374892015-07-25T14:54:52.070+05:302015-07-25T14:54:52.070+05:30Following house are exempted from service tax
lo...Following house are exempted from service tax <br /><br />low- cost houses up to a carpet area of 60 square metres per house in a housing project approved by competent authority empowered under the ‘Scheme of Affordable Housing in Partnership’ framed by the Ministry of Housing and Urban Poverty Alleviation, Government of India; <br /><br />See more at: http://www.simpletaxindia.net/2012/06/RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-70003367596235897582015-07-25T09:26:16.206+05:302015-07-25T09:26:16.206+05:30I have booked a flat with plinth area 704sq.ft in ...I have booked a flat with plinth area 704sq.ft in March'15 at price Rs.1950000.00 at Kolkata. I have already paid Rs.354978.00 to developer during flat booked. Construction work just started now. Developer claim to pay service tax Rs.12425.00 within 31.7.2015. My query whether the service tax is applicable on low cost & low Sq.ft area flat like above. Can you please help me whether Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-4011000309917112282015-04-15T20:28:17.881+05:302015-04-15T20:28:17.881+05:30On lease rent no abatement is available so 12.36% ...On lease rent no abatement is available so 12.36% rate charged by builder is correct ,other example of charges related building industry is available here<br />http://www.simpletaxindia.net/2013/06/service-tax-in-construction-industry.htmlRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-69510949730028714362015-04-15T20:20:13.174+05:302015-04-15T20:20:13.174+05:30I have purchased a flat in Noida Extension from on...I have purchased a flat in Noida Extension from one of the reputed builder. Builder has sent me offer of possession and calculated 3.09% service tax on balance 5% payment. However , they calculated 12.36% service tax on one time lease rent component. My query is regarding the service Tax on Lease Rent. Can you please help me whether builder can take Service tax on one Time Lease Rent or Not. If Anonymoushttps://www.blogger.com/profile/04542611198420414513noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-68112966212464532022014-08-16T23:37:25.154+05:302014-08-16T23:37:25.154+05:30As far as service tax is concerned it is payable o...As far as service tax is concerned it is payable on agreed value ,for vat you have to check local act/rules.<br /><br />Further to collect tax from you ,builder must have vat & service tax registration with him.RAJ KUMARIhttps://www.blogger.com/profile/12265611544966294090noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-69342079215509559162014-08-16T22:12:11.182+05:302014-08-16T22:12:11.182+05:30I have booked a flat at Hyderabad, total agreed am...I have booked a flat at Hyderabad, total agreed amount is Rs.39 lakhs. total flats contains 8 units. I have paid an amount of Rs.9 lakhs through cheque and balance 30 lakhs through home loan. My govt stamp and duty registration amount is Rs. 18.5 lakhs. Flat is under construction stage only.<br />Now builder is asking me to pay service tax (3.09%) and VAT (1.25%) on total agreed amount.<br />My Anonymoushttps://www.blogger.com/profile/15202685136502644248noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-17270407008910784622013-08-27T19:40:06.033+05:302013-08-27T19:40:06.033+05:30I've purchased a new flat in visakhapatnam for...I've purchased a new flat in visakhapatnam for Rs 32.49L @ 1805Sft x 1800/- and sale deed was issued @ Rs 16.50 L on which Regn , Stamp Duty @ 7.5% & VAT @ 1.25% was paid in Feb 13. I've taken additional construction agreement @ Rs 16.00 L to acquire higher loan. Now the builder is demanding Rs 1.05L as ST and the flat shall be delivered by 2-3 mths with other flats. Kindly advice doAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-52844511185868402172013-08-21T23:22:19.766+05:302013-08-21T23:22:19.766+05:30i have booked flat on 27 may 2012 wid adv. 3lakh a...i have booked flat on 27 may 2012 wid adv. 3lakh and total value of flat is 17,5000 and 1lakh parking .. So i want to know that how much service tax will be charged by the builder .. <br /><br />and let me know that will service tax wil be applicable on parking amount also<br /><br />If builder is not giving Cevat beneft so what a buyer shld do for that ..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-10070246269634271122013-07-11T18:07:25.448+05:302013-07-11T18:07:25.448+05:30from 01,07,2012 if a complex has more than one fla...from 01,07,2012 if a complex has more than one flat then service tax is applicable RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-9416896157838235082013-07-11T15:34:05.292+05:302013-07-11T15:34:05.292+05:30hallosir
ihave purchased two flats in35 lacs . the...hallosir<br />ihave purchased two flats in35 lacs . the appartment have total 6 flats only can i applicable for service tax ? if yes how much ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-60101129714008702572013-04-04T09:30:05.670+05:302013-04-04T09:30:05.670+05:30Dear Sir,
I am a purchaser of under construction p...Dear Sir,<br />I am a purchaser of under construction property and my agreement value is 1600000 which is to be registered on april 2013.Could you please provide me the details about VAT, Service Tax & LBT to be paid by me.Is there any way to reduce it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-50989442322335926432013-04-03T20:55:56.307+05:302013-04-03T20:55:56.307+05:30Dear Sir,
I am just developer. I want to know whet...Dear Sir,<br />I am just developer. I want to know whether ST applicable to me and VAT (Karnataka)?RAJhttps://www.blogger.com/profile/17991188430643904090noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-6748561990108002142013-03-25T13:25:34.792+05:302013-03-25T13:25:34.792+05:30great new...great new...gruhkhojhttp://www.gruhkhoj.com/rishabh-buildersnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-12569587467168902232013-03-18T18:11:30.437+05:302013-03-18T18:11:30.437+05:30Dear Sir,
I am builder, we purchased land from Au...Dear Sir,<br /><br />I am builder, we purchased land from Authority, and sale Residential Plots and , Group housing Plots and Commercial plots, like hospital, School and etc.<br /><br />First i want to know which head apply for service tax registration.<br />and which services on service tax applicable or not.<br /><br />1. Sale of Residential Plot<br />2. Sale of Group housing Plots<br />3. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-87247994417386474632013-03-18T17:11:22.136+05:302013-03-18T17:11:22.136+05:30same to me what should be done next ? same to me what should be done next ? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-2600366149369504522013-03-18T08:00:19.684+05:302013-03-18T08:00:19.684+05:30Dear Sir
I have booked flat in May -2012 in chenna...Dear Sir<br />I have booked flat in May -2012 in chennai.In that apartment 5 houses only.The total flat cost is 34 lakhs and paid 20% amount in June and for balance amount,i applied for the home loan.The UDS registration has done on June end.Now the construction is going to complete.Builder is going to handed over the flat on March 15th 2013.<br />Now builder coming and saying , government has Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-721697160037747562013-03-08T14:37:34.959+05:302013-03-08T14:37:34.959+05:30Dear Sir
I have booked flat in May -2012 in chenna...Dear Sir<br />I have booked flat in May -2012 in chennai.In that apartment 5 houses only.The total flat cost is 34 lakhs and paid 20% amount in June and for balance amount,i applied for the home loan.The UDS registration has done on June end.Now the construction is going to complete.Builder is going to handed over the flat on March 15th 2013.<br /> Now builder coming and saying , Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-91568617286999160022013-02-26T09:44:52.697+05:302013-02-26T09:44:52.697+05:30Property tax have no relation with service tax ,so...Property tax have no relation with service tax ,so don't worry about it . Service tax if not applicable now then no question of demanding it in future .<br /><br />and if service tax is applicable now but not demanded by builder then we should not have problem to pay the same RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-10169207609011796652013-02-26T09:22:45.067+05:302013-02-26T09:22:45.067+05:30Sir
Builder is going to handed over the flat on Ma...Sir<br />Builder is going to handed over the flat on Mar1-2013.<br />Builder told me that he will not give completion certification which is given by government. Builder told me that he will give on his own letter pad.Is this document is enough for future?<br />More over later we are going to apply for property tax assessment. legally is those documents are enough for flats in aprtment? (or) Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-22279581537096238712013-02-25T21:09:24.945+05:302013-02-25T21:09:24.945+05:30If flat is completed then service tax /sales tax i...If flat is completed then service tax /sales tax is not applicable . <br /><br />If flat is under construction then service tax @ 3.09 % and sales tax as per your state will be applicable.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-47155602056535027062013-02-25T18:21:19.852+05:302013-02-25T18:21:19.852+05:30Hi all
I took a flat near Tarnaka, Secunderabad. ...Hi all<br /><br />I took a flat near Tarnaka, Secunderabad. The total cost is Rs 56.5 L.<br /><br />I had paid 55L (white money) till now and have to pay Rs 1.5L.<br /><br />But today i received a letter from builder that, I have to pay around 2.5L as Sales & Service tax for the 55L what I had paid.<br /><br />Sales tax @1.25 on 55L and Service tax 3% on 55L.<br /><br />As I am hearing this Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-19835165644130102292013-02-22T12:17:41.848+05:302013-02-22T12:17:41.848+05:30Sir, Is it mandatory to pay service tax and vat am...Sir, Is it mandatory to pay service tax and vat amount before registrationAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-32977172385071495352013-02-21T18:25:36.289+05:302013-02-21T18:25:36.289+05:30Hi,
I have booked a flat in Oct'2007 and tota...Hi,<br /><br />I have booked a flat in Oct'2007 and total flat cost was around 44L. I have paid 12L by 2011 and I went for loan in Nov'12 where bank released 26L as first disbursement. I just want to know the service tax, vat and registration amounts. Currently the flat is still under construction. Buiilder has divided the registration charges in this fashion:<br />1) saledeed - 18L (Anonymousnoreply@blogger.com