Builder charging more interest for delayed payment before possession
07-Sep-2023 (In GST Law)
Is it legal for builder to charge more incase of delayed payment before posssesion?
As per your query ;
1. Yes, If you have to delayed on payment to the builder then you face the interest on that amount otherwise delayed the possession.
2. Builder have planning to time to time work done .
3. The question is Labour , Accessories , Construction Material Booked , etc.
4. But the builder wants more interest & too much delayed then you can send the legal notice through a lawyer to the builder for want of possession & charging more interest on such amount .
1. Yes, If you have to delayed on payment to the builder then you face the interest on that amount otherwise delayed the possession.
2. Builder have planning to time to time work done .
3. The question is Labour , Accessories , Construction Material Booked , etc.
4. But the builder wants more interest & too much delayed then you can send the legal notice through a lawyer to the builder for want of possession & charging more interest on such amount .
Helpful?
10+
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top GST lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Misuse my PAN number by any other person and he misuse this in GST. He running company by my name &
- I need information about gst . Because i am recently regiter in gst.
- Please Help me with Issue Related to GST
- Is GST payable later on advance Maintenance charged by promoter during
- Rules of GST for individual workers, instagram influencers & freelance
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."