St & vat

channa keshava (Querist) 20 March 2015 This query is : Resolved
Dear Sir,
I bought an under construction Flat for Rs.38 lakhs, including all taxes in Bengaluru in May 2013, it is still under construction and it may take another 2-3 months time to completion. I have already paid 80% of total value.

Could you please let me know is there any changes in ST & VAT in Bengaluru from April 1, 2015. If any changes I have to pay only for balance amount right? Please advice.

Thanks & Regards,
Keshava

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sivakumar.k (Expert) 20 March 2015
if depends upon your agremnt wiht the builder,you can ask your builder u liable only the agrement amount

Rajendra K Goyal (Expert) 20 March 2015
Changes can be on passing of the budget by assembly if such changes are proposed. Your agreement of purchase need to be referred to find out the tax provisions and effect of any change in tax structure.

Devajyoti Barman (Expert) 22 March 2015
agree with Mr Goyal.

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