Service Tax Notification No.2 /2013, Dated 1st March, 2013

Service Tax Notification No.2 /2013, Dated 1st March, 2013

G.S.R….(E)- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the  Ministry of Finance (Department of Revenue), No.26/2012-Service Tax, dated  the 20th June, 2012, published in the Gazette of India, Extraordinary, Part II,  Section 3, Sub-section (i), vide number G.S.R. 468 (E), dated the 20th June, 2012,  namely:-
In the said notification, in the TABLE, for serial number 12 and the entries  relating thereto, the following serial number and the entries shall be substituted,  namely:-

“12”

Construction of a complex, building, civil structure or a part thereof,
intended for a sale to a buyer, wholly or partly except where entire
consideration is received after  issuance of completion certificate by
the competent authority,-
(i) for residential unit having carpet area upto 2000 square feet
or where the amount charged is  less than rupees one crore;
(ii) for other than the (i) above

“25 and 30”

(i) CENVAT credit on inputs used for providing  the taxable service has not  been taken under the  provisions of the CENVAT Credit Rules, 2004;
(ii) The value of land is included in the amount  charged from the service receiver.”.

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