I have made an advance for my Flat in Coimbatore, Tamilnadu on Feb-2010 and it is nearing completion. Last month the builder is asking for additional amount of Rs. 190000 for service tax, VAT and additional statutory charges. Here are the details
Construction Agreement Value (MOA) Rs. 22,99,500.00
Service Tax at 4.12% Rs. 94,739.40
VAT [ TN Works Contract Tax @ 2% ] Rs. 45,990.00
Additional Statutory charges (Corporation) Rs 50,000.00
Please note the above information was not mentioned in the Sale Deed. Could you please let me know whether I need to pay the additional amount?