apartment vat & service tax - clarification help

Dear Sir, I Have Purchased One Apartment Flat & Registered on march 2009 - 200 Sq ft Undiveded at 4 th Floor at Madurai- Tamilnadu,Total No of Houses 24 Flats ,I Booked Flat Rs.21,00,000 in March 2009 under construction apartment,Till Now i paid 17,50,000 to Builder through HDFC Home Loan, Now final settlement time &  ready to occupy this Flat after final settlement of payment ,Now Builder asking to Pay apart from balance amount + addtional 1.5 Lacs for Vat & Service Tax,Please Clarify How Much i will Pay Vat & Service Tax for 21Lacs Value to Builder,is there any Receipt from Govt or Bilder will issue Receipt for this Tax.

Please clarify the Same.


You will have to pay service tax @2.575% of amount paid on or after 1-7-2010 and not the entire purchase amount of flat.


Regarding VAT, please consult some local lawyer as the same is state specific.


Thanks a lot  vineet Ji...




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