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Do I need to pay service tax on the balance amount?- Property Hotline
Posted
November 3, 2016
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42
November 3, 2016
42
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4:00Now PlayingExpert: Vinay Singh, Tax and Legal Expert.
Question: In 2011 I purchased a flat and registered the agreement. I will get the possession next month. Builder has already received the OC 3 months before. Do I have to pay service tax on the balance amount?
Answer: No! if the OC is already been received you will not be applicable to pay service tax. Only you will have to pay the balance amount and you can move into the flat.
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