Vat and st on resale property in maharashtra

I bought a resale flat in March 2012. I hav a NOC form builder as there are no dues pending. My Bank loan is also approved.(The seller purchased his under construction flat but it was ready and on rent before I bought it). Now the Maharashtra Govt has decided to collect VAT (Value added tax) from home owners who bought their homes betweeen June 2006 and March 2010.The value of VAT has been decided as 5% of the total agreement value. But since i bought this ready to move in flat from a previous owner, do I need to pay the service tax and vat on my property as my property is resale.

Replies (1)

For Pendrive it is 5% bcz its come under IT product line.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details