Service Tax Refund Archive
04 Jul 2010
FinMin refuses to remove Service Tax
As per the Economic Times today, the Finance Ministry has refused to withdraw the Service Tax imposed on construction projects in the Real Estate Sector. ET reports further: The Budget for 2010-11 proposed a service tax of 2.5 per cent on all under-construction projects in the real estate sector. The Urban Development Ministry, however, wanted
15 Jan 2010
Service Tax Refund for Apartment Owners
By Neeta Agarwal, Chartered Accountant, guest blogger of ApartmentAdda. Construction of Residential Complex was brought under service tax w.e.f. 01.06.2005 and there was no ambiguity among the stake-holders at the operational level- “Any service provided or to be provided to any person, by any other person, in relation to construction of a complex is classified