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Do I need to pay 4.5% service tax on under-construction flat?- Property Hotline
Posted
November 3, 2016
Views
677
November 3, 2016
677
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3:43Now PlayingExpert: Vinay Singh, Tax and Legal Expert.
Question: I am planning to invest in an under-construction project in Mumbai. The developer is asking me to pay 4.5% service tax for apartment worth Rs 85 lakhs. Is it valid?
Answer: For under-construction property you will have to pay 4.5 % of service tax for apartment worth Rs 85 lakhs.
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