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Home > Forum > Bangalore > Haralur Road > Buying property > VAT and Service Tax on under-construction property

VAT and Service Tax on under-construction property

Q: Hi all,
Have a question on VAT and Service Tax for under-construction flat.

1. What are components on which VAT and Service Tax is applicable for a under-construction flat. Like the builder provides a breakup as below -

Basic Cost
Car Parking
Club Membership
First Year Maintenance Charges
Additional Expense ( BESCOM)

Can someone please help me know VAT and Service Tax applies to which items listed above ?

2. What is the current VAT and Service Tax percentage for a property in Bangalore?

3. VAT and Service Tax is calculated on what value ?

Thanks,
Bharat

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We have 2bhk and 3bhk Ready To Occupy @ affordable prices near banneragatta road near NeW DLF TOWN
Sai Ram


Mahi garg
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Mahi garg,  Bangalore
10th October 2015


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