Maqsood 07 November 2016

VAT and service tax under construction project Maharashtra

Dear sirs I got my under construction home registered at nashik in February 2013. Got completion in Nov 15. Builder asking for VAT AND SERVICE TAX since date of agreement along with penal interest which is double than the actual VAT and service tax. Please advise following : 1. Is the demand in order ? 2. Why didn't he collect during registration? 3.Can I get waiver of interest at least? Thanx and regards Col Maqsood Ali khan

Reply Follow

2 Replies

adv.bharat @ PUNE (Lawyer) 07 November 2016

No builder don't have anny right to collect due tax along with penalties from the buyer.

At registration he has to pay stamp & registration charges along with other tax applicable to it.

Will u appreciate this answer by clicking THANKS on my profile?

Maqsood 07 November 2016

Thanx for ur response. I have paid stamp and registration charges in 2013 . Builder is asking for payment of VAT AND SERVICE TAX with interest directly to the govt now. I don't understand this. Please explain