Sir,
I am going to buy a flat which is in underconstruction in Palghar near Thane, we have finalize the rate and area with builder/developer. On the actual cost of flat the builder/developer was asking to pay VAT and Service Tax over and above of the actul property value.
I would like to know
1. Is there VAT & Service Tax applicable in an underconstruction building .. if yes who has to pay the same.
2. is VAT and ST applicable in ready to move flat aslo if yes then who is liable to pay the same.
Regards,
Anil
