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Builder demanding Vat and service tax after registration of flat
10-Apr-2023 (In Property Law)
I got my flat registered 6months back now one of the partners of my builder is insisting for VAT and service tax payment I don't think he will issue any receipt nor he will raise a written demand what shall I do
I hope when once it was registered and after 6 months the builder cant claim the VAT and service tax. Whatever you want to pay, you only need to pay. They cant demand now and then. Once property is sold to you, only you have the right over the said property. So Please contact any charted accountant take solutions.
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Adv. M Lakshmikanth Arya
Bangalore | 500+ Answers
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builder cannot charge Value Added Tax (VAT) on transaction for sale of flat effected after he has secured completion certificate for the project from the municipal corporation, the Pune district consumer disputes redressal forum has ruled.
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Adv. Vedashree A
Bangalore | 500+ Answers
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You are supposed to pay the VAT at the time of payment of final invoice. So, he is not supposed to levey the VAT at this time. So, please go through the invoice and ask why he is not asked at the time of final invoice.
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Adv. Sathyanarayana Reddy K
Bangalore | 25+ Answers
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