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Home > Forum > Hyderabad > Buying property > Do we need to pay VAt and salestax if we buy an apartment from landlord's share

Do we need to pay VAt and salestax if we buy an apartment from landlord's share

Q: I am buying a apartment from landlord's sshare. Do we need to pay VAt and salestax if we buy an apartment from landlord's share

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Replies (2)
1
I don't know about sales tax but yes..VAT is 5 percent for property bought 2006-2010 and from April 1, 2010 VAT is 1 percent.Kindly verify this.
Vani reddy


2
Hi Jhansi..as far as i know..if you take property from anybody ..you are ought to pay VAT and Sales tax. You can confirm this by taking legal advice.
Abdul


3

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