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Vat on sale of property

VAT (Legacy) 209 views 3 replies

Hello sir,

What is the rate of VAT for sale of property in Hyderabad, Telangana State,

Please reply me as early as possible because 20th is the last date for VAT return filing.

Thanks in advance:)

Replies (3)

Is it under construction property? Because VAT is not applicable on sale of any property after completion.

Hello Dhirajlal sir,

Firstly Thankyou sir,

Its a newly constructed flat, what is the vat rate for that in hyderabad

For newly constructed, construction completed NIL

For under-constrction, yet to be completed, 1%


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