Farooq Pathan
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I have buy a under contruction flat in Andheri area is 1292sq.ft do I need to pay service tax still ageerment not done?
Q: agreement not done yet, but they have issue us the allotment letter. need your advice?

Latest Answer: So Service Tax @14% on total 25% of the Total Purchase Price is levied on Under Construction Property. In other words Service Tax @3.50% (25% of 14%) is levied on the total price paid for the purchase of an under construction property.

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