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Atiraj   05 July 2015

Vat for ready to move apartment in hyderabad

Hi All,

I am buying an apartment from the builder. It's ready to move (completion certificate is already obtained). He is not charging me any service tax. But he is saying that i need to pay VAT to the government as registration will not happen without that.

I've explored this on websites and found everywhere that VAT is only applicable on under construction apartment. I've sent the website links to my builder but he keeps saying that registration office is not registering without paying the VAT.

Can anyone throw more light on this?



Learning

 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     06 July 2015

There will be no VAT on Real estate units as the tax is collected on all the inputs used for construction in Telangana state. Please refer CREDAI, Hyderabad wesbsite for full information.

Atiraj   07 July 2015

I tried to search VAT related query on CREDAI, Hyderabad wesbsite but didn't get anything.


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