Which city are you from? Please select city here.

Rs , sq ft

Removed from Shortlist

My Shortlist ()
View All Shortlist
Keep track of your shortlisted properties here. Shortlist a property to get started.

Home > Forum > Bangalore > CV Raman Nagar > Buying property > Regarding vat and service tax for a Landowner share flat - Gift deed registered .

Regarding vat and service tax for a Landowner share flat - Gift deed registered .

Q: One lady Mrs x got a flat as gift from her brother . ( Her brother and father are land owner and they got some flats due to Joint development with one of the builder in Bangalore )

The property is registered as GIFT DEED now .

If I am buying the flat from her . Do I need to pay any service tax and VAT for the flat. Because when I go to any builder they include Vat and service tax as a separate component while calculating the price .

I know I have to pay the registration cost .

Reply

Also see discussions for
Bangalore CV Raman Nagar Buying property Buying property in Bangalore Buying property in CV Raman Nagar
Replies (2)
1
I second you Shiva. You need not pay VAT & Service Tax as the same is applicable only when you purchase flat from the builder.
Rakesh


2
Check The Title of the Flat is Clear. Registration charges should be paid by you.After Registration is over. check the documents online on Registration website showing details of Flat and Sale Deed Number,Is in your name and details of the flat are updated on the website. (Encumbrance Certificate EC is record of registered documents over a property check on website of Registration and Stamps Department)

NO need to pay Service Tax and VAT.
Shiva Reddy


3

Ask a Question
120 Characters Left

    Related Forum Discussions
    i want to delete my ad , how do i do it ?
    01
    REPLY

    How is purva 270 to invest?
    03
    REPLIES

    Why are so many people selling their flats in Purva 270?
    01
    REPLY

    Purva 270 apartment project in CV Raman Nagar
    11
    REPLIES

    Any issues with Dejaview Homes?
    02
    REPLIES











    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!

    Disclaimer : Commonfloor.com cannot be held responsible for the accuracy of data displayed on the site. Commonfloor.com does not claim any guarantee and it should be individualistically verified.


    About
  • Cancellation & Refund Policy
    • Privacy Policy Terms of Service
    Popular Pages
    Realestate in Bangalore Realestate in Noida Realestate in Gurgaon Realestate in Greater Noida Realestate in Ghaziabad Realestate in Faridabad Realestate in Delhi NCR
    Projects Bangalore Projects Mumbai Projects Pune Projects Chennai Projects Delhi Projects Hyderabad Projects Kolkata Projects Ahmedabad Projects Kochi Projects
    More.. Real Estate News Site Map Create a CommonFloor Projects in Gurgaon Projects in Greater Noida Projects in Ghaziabad Projects in Faridabad Projects in Delhi NCR Apartments for Sale in Noida Apartments for Sale in Gurgaon Apartments for Sale in Greater Noida Apartments for Sale in Ghaziabad Apartments for Sale in Faridabad Apartments for Sale in Delhi NCR


    Copyright © 2007-25 CommonFloor.com. All rights reserved.

    Visalatchi Enclave Phase II, Legacy Celino, Unitech Uniworld Resorts, Sobha Elite, The Gran Carmen, CVK Kailasagiri, Lodha Meridian, Century Breeze, AMI Le Reve, Vatika Premium Floors, Civitech Stadia, Anta River Valley, Parth Gardenia, SMR Vinay Fountainhead, Yuga Kalpataru, Paras Manyata Phase I, Pashmina Waterfront, Opera Fortune, Indi Gold, Unitech Vistas Phase II,