Service tax on residential flats

If the full payment is made after getting teh completion certificte by the builder, then no ST liability is to be borne by the buyer.  However if the advances are being made for an under construction properties then ST is levied on 25% of teh value of the taxable services provided.

 Service tax is only applicable in a underconstruction property. if u have purchased/sale a ready property than the S-tax should not be applicable.In regard of VAT,yes it will be payable.

For sale of ready flat even VAT would nto be applicable. ONLY stamp duty wouldbe leviable.