I am buying a flat from a landowner share and the owner is telling me that I don't have to pay any GST or Service tax on the purchase. Is this correct?
Also, the agreement will be a bi-party one between the owner and me without any builder involvement. What legal implications or drawbacks should I consider with such a deal?
The property is around 95% complete and should be ready to move in in another 2 months. Completion and OC certificate is pending.
