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Q. > Please Help: Service Tax on partial Reverse
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273 views • Question added Jan 01, 2013 • Service Tax • By Vinod Yadav , Ludhiana


Dear Sir
A New Commercial Building is being constructed. The said Immovable Property is jointly owned by 3 family concerns. Similarly Advance Payments have been made to the Building Contractor from the Individual Accounts of Each Property Owner.

Now as the Builder has to raise the Bills for Construction on the Owners of the property, we would like to know what are rates of VAT ,& Service Tax or Any Other Tax Applicable on such Construction Bills (If Any). The Construction work is being done with Material & Labour from the Contractor. Please, inform us urgently

1 Answers

answered Jan 04, 2013 by CA Satuti Mahajan , batala

VAT on 67% & Service Tax on 33%.


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