I had booked an apartment in 2014. Apartment has been delayed and not handed over yet. During the course of the time, I have done many timely payments to the builder which included (VAT/ST/GST).
Now I have decided to cancel the apartment booking since the delivery is not in sight. The builder says that all ST/VAT/GST have been deposited to the tax department and I need to claim from tax department. He will be giving me "invoices" for them!
Couple of queries:
1- Can the GST deposited be recovered? Is there any time limit or time bar since payments have been done in previous financial years?
2- We have moved to GST regime. Do we have mechanism to get a refund for ST/VAT?
3- TDS has been deposited for every payment. Can we claim refund for the TDS also?
Thanks
CAclubindia
