Can any one tell about the service tax on property?

2-3mon ago the union govt tell that the the purchaser has to pay service tax also on the property ie 2.5% on Amount ? is the service tax is paid on under construction or when the const is over? kindl give reason also

2 Replies to “Can any one tell about the service tax on property?”

  1. Service tax is payable, on whatever payment you make to the builder,be it for the under construction or on possession of the property.Builder cannot accept any payment without service charges.It is against the law.

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