Regarding MVAT and Delay in handing over the unit

Q: 1. There are many conflicts on the issue of MVAT and I come to know from the sources that the matter is in the court & there will be stay on this matter for sure, so on what basis you have given us a time limit of 15 days? 2. MVAT is applicable at the time of handing over of units so why you are demanding at the time of construction? 3. If it is paid to Government of Maharashtra then why we should give cheque /DD in favor of Lodha Novel Build Farms Pvt. Ltd.? 4. Even if we paid this MVAT according to law and what if Government of Maharashtra cancel this ,then who will be held responsible to pay me back amount of Rs. 239251?

Sajid Kagadi, Apartment Resident, Thane

27th August 2012

Legal in Thane

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Hi all, I hope this will help you very much. If you are the owner of any apartment in Lodha Casa Univis project then you can join the owners group of this project and discuss with other owners/residents of the project in the group. To join click Join Owners Group. And if interested you can ask other buyers to join the group and share the platform.

vijay, Kolkata

31st August 2012

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I had a bad exp with them when they charged me 18% interest and it took me almost 8 months to get it refunded since the mistake was from their side and not mine. It was their accounting error. However here if we do not pay them then they are sure to charge this 18% as they have raised a demand. Here however illegitimate this demand may be but as a buyer i m suppose to honor a builder's demand. Hence yes, i am in agreement that we should hold onto the MVAT but we need to ensure for how long. I have another 2 weeks to go based on their demand letter.