Service tax & vat
Amol Ashok Baviskar
(Querist) 09 September 2012
This query is : Resolved
Dear Mr.Shah,
Good afternoon,
Thanks for your reply,
This is Amol Baviskar from auarangabad,
Yesterday i had post query regarding service tax & vat but there is confusion in your understading,Pl. read details as mention below.
I had purchsed new flat from a builder but we was not make sale deed or agreement of sale.At time of possesion we made registry on 31st may 2012.That flat is not having furniture & not having building completion certificate.
Cost of that flat is 1850000/- but we made registry for 1100000/-onyl.Now builder charged 3.20 % service tax & 1 % vat on 1100000/-
Pl. confirm is it applicable in this case or not applicable.
If it is applicable,which name required on on tax paid receipt?
Because he confirm to "you will get receipt in the name of bulider"
Is it true?
Also tell me how can i reply to your message?
Sailesh Kumar Shah
(Expert) 11 September 2012
Dear Mr. Amol
Please visit following link:-
http://www.lawyersclubindia.com/experts/Service-tax-on-newly-purchased-flat-337031.asp#.UE7a-o3iaZI
