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Question ID 15330
CONSTRUCTION OF RESIDENTIAL COMPLEX If any flat is sold at a higher rate as compared to its starting base rate (E.g. Starting base rate is Rs.1500- per sq. ft. due to its location and other benefits developer is charging Rs.2000- per sq. ft.) then on additional amount charged by developer i.e. Rs.500- per sq. ft. Service Tax will be charged at full rate i.e. 12.36 or abatement of 75 will be allowed to developer.
Posted by Poonam Chand Soni on 6/19/2012 12:00:00 AM
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