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Q: I am planning to buy a ready to move apartment in Kondapur. Should I have to pay service tax or the builder?

Kiran,

22nd September 2015

Investment Advice in Kondapur, Hyderabad

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Replies (7)

@ Sridhar.
By Registration of transaction of immovable property will become permanent public record. This is a notice to the general public. Those getting transfer of property should verify whether such property has been previously encumbered. According to Transfer of Property Act right, title or interest can be acquired only if the deed is registered

Dhananjay, Hyderabad

24th September 2015

Comment

Thank you friends. I will be happy if anybody share me related to my query.What is the purpose of Registration?

Sridhar, Hyderabad

24th September 2015

Comment

I have booked a flat in a under construction property in Hyderabad. The basic value of the flat is Rs 45 lakhs . Is it required to pay service tax , registration fees and vat for amenities also . My builder says it is required ?

Verma, Hyderabad

23rd September 2015

Comment

@ Verma

Service tax is applicable in under construction project so you need to pay services as well.Thus buyer have to pay ST+Registration+ stamp duty in addition to basic price of the property. This tax is charged by the state govt...

Dhananjay, Hyderabad

23rd September 2015

Comment

what is the registration charges as on date.I come to know that registration charges is going to be raised. please clarify in this regards..

Syed Ali Khan, Hyderabad

22nd September 2015

Comment

Hi Kiran,
Visit this link for more information related to registration charges and stamp duties:

1. https://www.commonfloor.com/forum/50eba819f04c6-stamp-and-registration-charges-in-hyderabad
2. https://www.commonfloor.com/forum/515af8c6e6d80-stamp-and-registration-charges-in-hyderabad
3. https://www.commonfloor.com/forum/50bdbd65edb42-stamp-duty--registration-charges-and-service-tax

Asif Khan, Hyderabad

22nd September 2015

Comment

Hi Kiran
Services tax is applicable only in under construction project. so in your case you did not pay any service tax to the builder.

Shiva Kuchibhottlla, Hyderabad

22nd September 2015

Comment

No change in the stamp duty and registration charges in current financial years.. you can check stamp duty and registration charges from this article: http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html

Dhananjay, Hyderabad

22nd September 2015