[Resolved]  Real Estate — Service Tax on residential complex

Address:

Punjab

Sir,

I have booked flat and entered into registration on 28th March 2010.
Part of the payment is made before 30th June 2010.
Completion certificate is dated 16th June 2010
Balance payment is made in the month of July and August.
Do I need to pay service tax in this case?

My builder is insisting me to deposit service tax amounting to Rs.75,000/- or asking me to provide bank guarantee.