Service tax on under construction property purchased from seller

Q: I am purchasing a flat from under construction property in resale, by home loan, seller had also taken home loan. Now do I have to give service tax? If yes then how do I calculate? Please advice

Pankaj,

24th July 2013

Buying property in Noida-Greater Noida Expressway, Noida

Follow Discussion

Also see discussions for

Noida Noida-Greater Noida Expressway Buying property Buying property in Noida Buying property in Noida-Greater Noida Expressway

Replies (2)

Call +91-8506971685

Highway Homes, NH-91 Next to Hero Honda in the vicinity of Lal Kuan.
2bhk @19lacs on Highway
Payment:
20% on Booking + 80% Bank Loan

R S Group, Noida

17th February 2017

Comment

Service tax is not payable on resale, or purchase of ready to move in flat.

Therefore your buyer is not liable to pay.
It has to be paid by the seller and not by you.
The prinicipal agreement is between the builder and first owner.

You may accordingly ask the seller to pay the service tax.