Who will pay vat & service tax
Ganesh
(Querist) 19 October 2012
This query is : Open
Hi , Have bought underconstruction flat from my exowner.Exowner sold 80% completed flat to me, now builder is asking VAT & Service tax... my query is that who will pay VAT & Service tax here as i purchased as resale under construction.
And if exowner suppose to pay then on which agrrement value.
Builder sold at agrrement value 597000/- to exowner and exowner sold to me at agrrement value 1111000/-.
Appreciate your response.