banner_ad

Vat and service tax on real estate property in karnataka

209 views 3 replies
Hi All, Is VAT and ST applicable on under-constructed properties in Karnataka? If yes, will it still apply if the property is registered after the completion certificate is received, although the advance payments have been already made?
Replies (3)

Deemed VAT and service tax applicable on property under development but once completion certificate is received from Goverment authorities or panchayats you need not charge service tax 

Thanks Sivaram. But if there are any advance payments that have been made before receiving the completion certificate will they be subject to VAT and ST?

Thanks Sivaram. But if there are any advance payments that have been made before receiving the completion certificate will they be subject to VAT and ST?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details