Latest Answer: Hi Everybody,
My question to all.........Is Vat and Service Tax is applicable on ready-to-move-in property, single residential unit, independent house, villa, bungalow and low cost housing? Should builder issue two separate receipts for both VAT and Service Tax?
Q:Rs. 15,925,00/- Flat cost
Rs. 2,00,000/- Other Charges
Rs. 17925/- total cost
My friend bought a flat in Ambernath(E) for Rs. 17,925,00/- in an understanding, He would like to know the service tax & Vat charge(in percentage) of the flat which he bought...among that Rs. 17,925,00/- Rs. 2 lacs have been charged by the builder as other charges..will that other charges is also been comes with service tax or what? kindly please assist in this regards.
