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Home > Forum > Bangalore > Property Tax > Information required before buying a flat

Information required before buying a flat

Q: Hi,When we are buy buying flat, we have two things 1. Undivided Land of Share -sale agreement2. Construction agreement(also includes car parking, electric deposit, water deposit and club house deposit)Q1 vat is applicable on both items(1) + (2)? IS THIS TRUE? Q2 Service Tax(12.36%) on 33% of the construction cost or total cost (construction agreement + sale agreement)??? Q3 IS Service tax applicable on car parking, BESCOM, BWSSB and cavery deposit? Kindly let me know this is urgent for me. Thanks,Rang

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