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Calculation of service tax and composition tax

Q: Request feed back regarding - service tax and composition tax being collected by builder on property under construction in Bangalore.

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1
A property becomes immovable property or construction complete only by obtaining OC for property and before getting OC the deal is for under construction and work is Work Contract. Therefore, VAT & ST applicable on works contract. Get a legal expert help to know more on these.
mukund


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