Real Estate India, Residential Commercial Real Estate Properties India

Question asked by Mr L Chandrashekar from Bangalore: Dear Sir / Madam, Do we have to pay any VAT for an apartment? In my case, there are 175 apartments in the project. Please let me know the details. Regards, Mr. L Chandrashekar, Bangalore Vatsala Answers: In majority of cases, service tax and VAT will be applicable. It does not depend only on the number of flats but on whether the builder has outsourced the construction activity or not. Vatsala http://www.atoneplace.com For more information, kindly visit at Real Estate India or Online Real Estate Video .

Question asked by Mr Rahul Saraswat from US: I booked a flat 18 months back. The flat is now ready for possession; I need to do registration of the flat. Can you please suggest whether the Service tax and VAT are applicable to me? Do i need to pay service tax to the builder? There are 56 flats in this complex. Mr. Rahul Saraswat, USA Vatsala Answers: In majority of cases, service tax and VAT will be applicable. It does not depend only on the number of flats but on whether the builder has outsourced the construction activity or not. Vatsala For more information, kindly visit at Real Estate India or Online Real Estate Video .