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Q. > Please Help: Rate of Service Tax
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228 views • Question added Feb 22, 2014 • Service Tax • By Rajeev Kumar , CA , Ghaziabad


Dear Sir/Madam

The rate of Service tax after abatement on a residential unit of residential project is 3.09% if the carpet area is less than 2000 SQ.Ft and Consideration is less than Rs.10000000/-.

My query is that if residential unit is the part of a Commercial project (in which most of the units are for commercial purpose)then what will the rate of service tax 3.09% or 3.708%.

waiting for your reply

Thanks & Regards
CA Rajeev Kumar
Mob. +91-8860580301

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Arun Garg

25-Feb-2014 , 06:04:54 pm

as per finance act 2013 there is not d/f b/w residential and commercial. the above criteria you will apply i.e. 3.09% and 3.71% regards arun

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Adil Malik

27-Feb-2014 , 12:15:08 pm

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Adil Malik

27-Feb-2014 , 12:17:25 pm

Service Tax Rate 3.09% in all other case except flat above 2000 Sq.ft and costing Rs.1 Crore above as per notification no 26/2012 but as per notification no 12/2013 or the composition scheme for work contractor is more beneficial.

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