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	<title>Property News India and Featured Real Estate Stories &#187; Budget 2010-11</title>
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		<title>Service Tax Rolled Back To 25 Per Cent</title>
		<link>https://groups.commonfloor.com/news/service-tax-rolled-back-67</link>
		<comments>https://groups.commonfloor.com/news/service-tax-rolled-back-67#comments</comments>
		<pubDate>Thu, 10 Jun 2010 09:55:49 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Abatement scheme]]></category>
		<category><![CDATA[Apartment]]></category>
		<category><![CDATA[Budget 2010-11]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[occupation certificate]]></category>
		<category><![CDATA[Property Buying]]></category>
		<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[Service Tax on Under construction property]]></category>
		<category><![CDATA[Service Tax rolled back]]></category>
		<category><![CDATA[Service Tax rolled back to 25 per cent]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=67</guid>
		<description><![CDATA[The budget 2010-11 had imposed 10 per cent service tax on under construction property. The property is considered “under construction” till the builder receives a “completion certificate”. According to Source, Service Tax is applicable only on property under construction or where a completed building has not received its occupation certificate. If the entire amount for [...]]]></description>
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