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Tnvat on buying new flat

VAT (Legacy) 287 views 2 replies

Hi.

Can anyone help me out with the following problem ASAP?

We have purchased a flat in the year 2014 and it is nearing possesion by 2 weeks. Suddenly the builder is saying that there is an additional TNVAT of rs50000. Do we need to pay TNVAT for purchasing a flat? we have already paid stamp duty at the time of registration. Also, the rate per sq. ft. including construction was fixed at rs2600. 

 

Pls help me soon.

Replies (2)

Not required. That is builder responsibility. 

Hi,

Thanks a lot for ur thought.


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