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QUESTION

What is the service tax and VAT applicable for an under-construction property in Bangalore?

service tax, VAT, under-construction property, Bangalore
By 99FAQs   2 years ago   Legal and Taxation 6551 views
 
 
 
 
 
 
 
ANSWERS (3)
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Vatsala Dhananjay 2 years ago
VAT is 5% and Service Tax is 4% of the value of the property, excluding land value.
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Girija Are these rates/rules for Bangalore? My builder is charging VAT on the total agreement value.I am arguing with him on this. Can you please provide me reference of the Karnataka sales tax law? Thanks
2 years ago
 
 
 
Swapnil even my builder asking for full amount ..please someone got some reference to argue with them ?
a year ago
 
 
 
 
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r.p.singh a year ago
how to calculate the vat & service tax on purchase of a duplex in jabalpur (m.p)
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manpreet 2 years ago
nothing vatsala servise tax 3.09% nd the property value 4 part..that mean 1cr value nd servuse tax 25 lac
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