Hi All,
I recently purchased a flat on the 11th floor of a 12 storey building in Virar, District Thane, State Maharashtra. The building is under construction and possesion date promised by the builder is June 2015. The builder had a scheme wherein he is paying the Stamp Duty, Service Tax and VAT applicable on the flat. And we are suppose to pay the regsitration amount.
I did the registration on 02-July-2013 for the flat and the agreement copy shows the payment for the registration (paid by us) and Stamp Duty (paid by Builder). I am unable to find any mention of the Service Tax and Vat amount in the copy. When i asked the builder about the same he said that he will pay it. But i wanted to know when is the builder actually suppose to pay the Service Tax and VAT. Cause the Loan lender company is asking from me the copies of the same along with the agrrement copy in order to successfully clear the loan.
Can someone please help.
Regards,
Dhiraj Singh