In case of flat sales, the title transfer of immovable property with an issuance of an occupancy certificate will be exempted from any kind of service tax, on Monday the finance ministry stated. It was long time issue in the real estate domain and to resolve this long standing issue which is directly related to the […]
CBEC Archive
October 28, 2015 6:00 pm
Service tax exemption for title transfer of immovable property
When it comes to sale of flats or transfer of title of immovable property, so now onwards after the issuance of occupancy certificate there will be no need to pay the service tax, as per latest guidelines of Finance Ministry of India. On Monday, CBEC (The Central Board of Excise and Customs) issued the clarification […]