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Real Estate Forum on Service Tax In Indore

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Q: What is the service tax that I have to pay for buying a flat in Indore? Is there VAT charges also?
Latest Answer: Yes, if you’re buying a flat in Indore you don’t have to pay the service tax anymore. The VAT is only applicable for transaction of under-construction property. If the builder has given the construction contract to some other building company, then VAT will come up on the construction costs. The entry of any construction related material into Madhya Pradesh will be chargeable for VAT under the Madhya Pradesh VAT Act.
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