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Satish Rathore (Software Dev)     29 May 2013

Pay service tax and vat at the time of registration ?

Hi,

I have purchased a flat in indore , with the cost  1500 sq/ft guideline change of 998 area. so the total property value is 1497000. Now property is under construction. and i want to do registry of  flat.

When i ask builder to do the registry he told me to pay 240860  as

(119760 (8% stamp duty) + 46258 ( 3.09 % service tax) + 74850 ( 5 % Vat )

is all the charge he applied is valid or i can get some conecession.

can i pay only stamp duty charge now and at the time of passsion pay service tax and vat. ?

Please suggest.

Thanks in advance.

 



 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     29 May 2013

less than 12 residential flats, service tax is not applicable in A.P. whereas VAT is applicable as per state law. It differ from state to state.


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