Additional Service Tax burden for under construction property after budget 2015

Based on the announcement of service tax hike in Union budget 2015, we have updated the table of break up of service tax for an under construction property at
The increase in service tax is expected to further peg back sales of under construction property. The notification date for this hike is still awaited but we can safely assume the same to be 31st March, 2015.
For ample clarification, below is the automatic service tax calculator that depicts service tax for somebody buying an under construction property before and after 31st March, 2015:

Comments/Feedback invited.

Last updated: February 28, 2015 at 20:40 pm

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