Goods and Services Tax : Introduction In the case of construction projects, it is common to enter into development agreements where the developer undertake...
Goods and Services Tax : Notification No. 4/2018-Central Tax (Rate), dated 25th January, 2018 has clarified taxability of development rights under redevelo...
Goods and Services Tax : Recent GST Council meeting decisions under which, were announced in the press conference by the Finance Minister on 06.10.2017, pr...
Goods and Services Tax : Articles deals with following issues related to GST which needs to be taken care of immediately before roll out date of GST 1. HSN...
Goods and Services Tax : Following measures can be adopted to curb the practice of undisclosed turnovers in the GST law. 1. Discouraging Without Bill Sales...
Board deserves thanks from taxpayers for advance intimation & invitation for suggestions in respect of Point of Taxation rules that would be made applicable for charge of service tax. These Rules can provide useful inputs in the process of drafting of Time & Place of Supply of Service Rules that would be required to be framed under proposed GST regime.
The issue of the imposition of service tax on construction and sale of residential property has long been a matter of concern for the real estate and construction industry as well as for buyers of such residential property. It has gained much prominence after Budget 2010 because of significant amendment made therein towards taxability of sale of flats under service tax.
