MK Sarmah, Mumbai
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Builder is now demanding VAT at 5%. Is it legal?
Q: My flat in Mulund was registered on 29/09/06 and handed over by the builder on 29/02/08 after payment of all dues. Society has also been formed. The builder is now demanding VAT @ 5% of total agreement value. Is it valid/legal? - MK Reason cited by the builder is the judgement of Bombay High Court on 11 April 2012 against an appeal of a builders' association challenging inclusion of housing/real estate under the purview of VAT by Maharashtra Govt in the state budget 2006.

Latest Answer: Hi Sarmah, Before paying the VAT it is better to take advice from your legal expert or lawyer.

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