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i have booked a plot in ATS Golf Meadows Dera Bassi but the builder has levied me Service Tax on purchase of plot. I have heard and discussed with CA also, and he also told me that it is not applicable on Plots since it is not an under construction property, it is just a piece of land? Can anyone suggest me about this?

Q: i have booked a plot in ATS Golf Meadows Dera Bassi but the builder has levied me Service Tax on purchase of plot. I have heard and discussed with CA also, and he also told me that it is not applicable on Plots since it is not an under construction property, it is just a piece of land? Can anyone suggest me about this?

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Replies (1)
1
Hello..Service tax is not applicable on purchase of land as it is a constructed property. Service Tax is applicable to construction of residential and commercial properties. If construction is done on the same land you bought ...then you are liable to pay service tax.
Dhiraj


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