Vat charges
This query is : Resolved
04 August 2010
The builder is collecting vat from me on Construction charges + Electricity & Water infrastructure Charges.
Less 30% deduction towards charges..
On Total Consideration Flat Rate of 12.5 %
But the builder has paid different Rat of Vat on his purpose of inputs like, Jelly, Cement , Sand, Electrical Filling etc.
Can He Collect 12.5 % Vat flat Rate From Me????
Less 30% deduction towards charges..
On Total Consideration Flat Rate of 12.5 %
But the builder has paid different Rat of Vat on his purpose of inputs like, Jelly, Cement , Sand, Electrical Filling etc.
Can He Collect 12.5 % Vat flat Rate From Me????
CMA Ramesh Krishnan
(Expert)
08 August 2010
yes. My under standing he is claiming abatement scheme, so higher rate of VAT applicable
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