Service tax and vat are applicable to all states?
kavksatyanarayana
(Querist) 08 June 2013
This query is : Resolved
Dear experts, namsakarams. Whether the service tax and vat are compulsorily be payable to the govt. at the time of registration of any document along with stamp duty? And is it applicable to all the states or not? If applicable to some states, please inform how many states with name of the state. please........
Vineet
(Expert) 04 January 2015
Service tax is a central levy and payable on under construction property at the time of each payment. If completed property is being purchased, neither service tax nor VAT is payable. VAT is state levy depending upon state laws. In Maharashtra it is 1% of purchase consideration.