VAT on sale of residential complex


This query is : Resolved 

(Querist)
04 December 2009 IF a company is engaged in construction of residential complex n sell them out than VAT is applicable or not.
(After 46th constitutional amendment in article 366,whether VAT is applicable on sale of flats or not

05 December 2009 vat is applicable however applicabilty of VAT will depends upon on other various conditions also


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