EDUCATIONAL CONSULTANT
21 Points
Joined August 2014
I BOOKED UNDERCONSTRUCTION COMMERCIAL OFFICE IN SEPT 2008, WITH ALLOTMENT LETTER FROM DEVELOPER. I PAID 40% THEN IN 2008-2009. NOW IN AUG. 2014 OCC HAS
COME, SO BUILDER IS ASKING BALANCE.PLUS 3.09% S. TAX ON AGREEMENT VALUE.
ACTUALLY ONLY ON BAL. 60% S. TAX SHOULD BE TAKEN, AS SERVICE BEFORE 1/7/2010
WAS NOT APPLICABLE. NEXT 1% VAT SHOULD BE SAME LIKE S. TAX - OR 1% OF AGREEMENT VALUE. BUT DEVELOPER IS ASKING 1% OF BUILT-UP VALUE AS PER READY RECKONER - WHICH IS MORE THAN DOUBLE THE PRICE IN THE AGREEMENT.
I AM VERY CONFUSED, COULD YOU PLEASE CLARIFY - MY DOUBTS.