VAT on sale of apartments/flats
This query is : Resolved
22 October 2010
Hi,
I purchased a flat in Pune and had done the agreement with builder in month of Feb. The last disbursement was done in month of Oct.
Do I need to pay 1% VAT in this case ?
Please advise.
Thanks and Regards.
I purchased a flat in Pune and had done the agreement with builder in month of Feb. The last disbursement was done in month of Oct.
Do I need to pay 1% VAT in this case ?
Please advise.
Thanks and Regards.
22 October 2010
yes you have pay vat. but check the percentage once again.
Message likes :
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28 October 2010
How a sale of apartment will be liable for sales tax ? on purcahse and sales of apartment we are paying stamp duty and service tax as per t he latest amendment , i don;t think that purchase and sale of apartment are subjected to sales tax , all though it's state concern so please check with some one in the mumbai and short out matter
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