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Yogendra ( )     13 June 2014

Doubt on vat on partially complete property

Hi,

I booked a under-construction flat in december 2013, in Pune. When it was booked the status was 80% complete. The builder has already charged me with 1% VAT on total value of property.  I read in news paper article that the Vat amount should be charged on unfinished work of the property, i.e in my case I should have been charged on 20% of property. Am I right? where can i find the written documentation of this law if it exists?

Thank you



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