Real Estate India: What is Single window charge? Difference between Service Tax and Sales Tax

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Question asked by Dinesh:

I am looking to buy a property from a builder in Bangalore. The builder has added single window charges, which include

* Bangalore Water and Sewage Supply Board
* Karnataka Electricity Board
* Sales Tax - Taxes as applicable for sale of the property
* Service Tax - As applicable5. Legal Charges - Charges for stamp paper, legal fees etc.

My question is… why is the builder charging sales tax and service tax both? Also are there any other charges that will come to me later, other than those mentioned?

Vatsala Answers:

It has recently been clarified that service tax is not applicable to builders. Hence you no longer need to pay service tax on your apartment. You may have to watch out for khata transfer fee, car parking charges, maintenance charges, club house fees, Association formation charges, etc., These can be clarified at the time of signing the agreement.

For more information, kindly visit at Real Estate India or Online Real Estate Video.

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