Bipin Patil, Apartment Resident
Posted Discussions
Posted Replies

new service tax rate of 3.71%
Q: service tax on under construction property.. new service tax rate of 3.71% is applicable from 1/4/2013 or 1/3/2013? please advice.

Latest Answer: Hey Guys, Budget 2015 has increased Service tax rate from 12.36% to 14%. The basic rate of service tax is now 14% and education cess will be levied to it. Service tax charged at the rate of 3.5% on construction service which carpet area of unit is less than 2000 sq-ft. amount charged is less than Rs.1 crore.

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!