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Chirayu (SW Developer)     24 June 2012

Vat and service tax for flat in pune

I have recently purchased a flat in pune. The building is having 2 parts, wing A and wing B. Wing A is having 4 flats and wing B is having 8 flats. My flat is in B wing. My builder is asking for Service Tax and VAT for the same property.


My question is - do I liable to pay mentioned taxes. If yes then at what percentage. Please give me proper calculation.



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