Hello, I am Gokul Ganjare  and I have booked a property in Pune in 31st Oct 2009 and done aggriment on 01st.Jan.2010 . It is an Under Construction Property with possession date confirmed as March, 2013. Right now,85 % work is over. The builder is asking for payment of Service Tax and VAT

My question is when builder has to pay the VAT or Service Tax to the government? Is it after the construction is finished or its applicable on per booking basis. Also, should I ask for a government receipt over the actual payment of Service Tax and VAT.

I am confused about paying so i have pay or not Applicable for me because as following

In the maharastra the VAT is payable on all the aggrement registed after 1.4.2010 @ 1% whereas Service Tax is payable on all the property including residential property registered after 1.7.2010 @ 2.57% of the registered value.

I have done aggriment on 01st.Jan.2010  before 01.04.2010

Please sugget me and how much Services Tax and Vat I have Pay.

Thanks and Regards

Gokul