Vat and service tax on resale flat
hitesh mehta
(Querist) 08 August 2015
This query is : Resolved
hi,
is Service Tax & VAT payable on purchase of resale flat.....?
This cost is to be borne by whom.... i.e the seller or the buyer.
Can builder ask society to pay taxes on behalf of its members
in my case first buyer has purchased flat in underconstructed building in 2010 and has now sold to me in 2015 but during AGM this point came and he is asking through society as he tells that now as the society has been formed he cant derictly contact to the original buyers and the builder is also the member of the society
pls help
regards
HITESH MEHTA
T. Kalaiselvan, Advocate
(Expert) 15 August 2015
The VAT and service tax are payable by the first purchaser only and not by the subsequent purchasers.
hitesh mehta
(Querist) 16 August 2015
Sir.
Than can builder send notice to society asking its members to pay vat and service tax