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Home > Forum > Bangalore > Buying property > Is it right to charge service tax @ 8.12% on the Parking Lot ?? when buying a flat ? what buget rule ...

Is it right to charge service tax @ 8.12% on the Parking Lot ?? when buying a flat ? what buget rules says

Q: Is it right to charge service tax @ 8.12% on the Parking Lot ?? when buying a flat ? what buget rules says....as per my knowldge taxes are not applicable on Parking lot ...pls confirm

service tax on car parking fee
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Many builders sells parking space. It has been categorically mentioned in the budget that any amount paid for getting a parking slot allotted would not be subject to service tax.
Rakesh


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