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Discussion on financial matters, loans, tax, and insurance related to property/apartments/flats/plots in Faridabad, Greater Faridabad, NCR.

Re: Service Tax on Under Construction Property

Postby dheerajjain » Tue Jul 10, 2012 7:43 am

Service Tax is NOT applicable for EDC/IDC charges. Please see post of Pankaj Rawat (GFWA WC member) above for clarification.
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Re: Service Tax on Under Construction Property

Postby deven1101 » Wed Dec 05, 2012 4:45 pm

RPS has also demanded service tax on EDC/IDC for my savana flat. What can I do?
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Re: Service Tax on Under Construction Property

Postby shilpi21 » Thu Dec 06, 2012 11:35 am

As per a Service tax ammendment issed by GOI
(Annexure- A to JS (TRU-II) D.O. letter F. No.334/1/2010-TRU dated 26-2-2010)
Charges for providing parking space have been specifically excluded from the scope of this service. Development charges, to the extent they are paid to State Government or local bodies, would be excluded from the taxable value levy.

Dr Navneet
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Re: New Members FAQ

Postby gulati.asheesh21 » Thu Oct 02, 2014 12:04 pm

Hi - did any one hear about change in service tax from 3.09% to 12.36% for PLC, ADC, EEC, FFC, Club and Powerback-up? Is there any notification from government that I can refer?
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Re: New Members FAQ

Postby umesh.prabhakar1965@rediffmail.com » Fri Oct 03, 2014 10:08 am

Mr Asheesh Gulati,
The applicable Service Tax on all other services are taxed with @12.36% except on "BSP" wherein service tax is applicable on @25% of the total value.

This is for your information.

Regards

Umesh Prabhakar
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