• Service tax for renovation of residential property

Regarding service tax,
For renovating the house I spent 40 lakhs 
How much service tax will be charged 
What is abatement for that 
That is for residential property which has been bought in capital gain amount
Civil work
Electrical
Plumbing
Flooring
Designing
structural modification
Sanitary fitting
False ceiling
Water proofing
 etc 
Asked 8 years ago in Service Tax

Can you quantify the each activity ?

If not then in my opinion you will be required to pay Service Tax @ 10.15%. (9.8% ST + 0.35 SB Cess).

Praveen Maheshwari
CA, Ahmedabad
4 Answers

yes definitely.

Praveen Maheshwari
CA, Ahmedabad
4 Answers

Dear Sir,

If you are incurring expenditure for your personal purpose and than there will be no service tax charged by the supplier as any services provided for the use of personal purpose is covered under negetive list of service tax and no tax can be charged on the same.

Vishrut Rajesh Shah
CA, Ahmedabad
940 Answers
39 Consultations

Dear Sir,

As advised before Service tax will be charged only on the amount of bill charged by your consultant/ interior decorator.

Trust that clarifies your query.

Feel Free to get back for any further clarifications.

Thanking You.

Regards,

CA Rohit R Sharma

BCOM, ACA, LLB - GEN, CERT. FAFP

Rohit R Sharma
CA, Mumbai
2104 Answers
95 Consultations

Ask a Chartered Accountant

Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
  Ask a CA