Service tax exemption to works contract provided for construction of new residential complex, etc., under specified scheme

Service Tax : Section 65(105)(zzzza) of the Finance Act, 1994 – Works contract service – Service tax exemption to works contract provided for construction of new residential complex, etc., under specified scheme

NOTIFICATION NO. 6/2011 – SERVICE TAX, DATED 1-3-2011

In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service of execution of a works contract referred to in sub-clause (zzzza) of clause (105) of section 65 of the Finance Act, when provided for the purpose of carrying out,—

(a)  construction of new residential complex or part thereof; or

(b)  completion and finishing services of new residential complex or part thereof, under Jawaharlal Nehru National Urban Renewal Mission and Rajiv Awaas Yojana, from the whole of the service tax leviable thereon under section 66 of the Finance Act.

Related posts:

1. Construction of complex service – Exemption to construction of complex service provided to specified mission/yojana-Notification No. 28/2010-Service Tax
2. Real Estate Developer liable to Service Tax on Residential Construction
3. Service Tax – sale of constructed houses – liable to pay Service Tax under ‘construction service’ and not under ‘works contract’ : Advance Ruling
4. Service Tax- Works Contract (Composition Scheme for Payment of Service Tax) Amendment Rules, 2011 – Amendment in rule 3
5. Budget 2011 – Service Tax – Amendments to Works Contract (Composition Scheme for Payment of Service Tax) Rules, 2007