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Real Estate Forum on Property Tax in New Town Action Area-III, Kolkata

Real Estate Property Discussion Forum and Guide to Real Estate Queries in New Town Action Area-III, Kolkata

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Q: Recently I booked a flat which costs Rs Y and paid two installments total Rs X say. The builder sent me a receipt with a service tax added on Down payment @ Rs X*3.09%. This is exclusive of the overall tax charged for Rs Y*3.09. My question is if I am paying tax for overall cost at Rs Y*3.09%, is it even legal to charge tax on down-payment amount? Does this mean I have to pay tax for the entire amount i pay @3.09% above the tax of Rs Y*3.09%? Please advice.
Latest Answer: Thanks for the inputs all!!
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