Q: Received offer of possession letter for Omaxe hills II project glory tower: Was surprised to see VAT amount of 4% on basic sale price which is close to 2.5L. Have other buyers received such VAT amount in demand letter? Kindly share your views.
Hi Vipul,
As per sources, the developer can pay VAT at the rate 4% on project cost, that will include construction material, cement, sand & labour. This has be designed by Harayana Government.