Mohammed Irfan Khatri
Q: Received letter from DB asking for VAT plus 15% interest. Is the interest amount is really liable to pay by the buyer?

My replies to this discussion
Has anyone received letter from DB from VAT payment and if you have received have to seen that the VAT amount is quiet high. Has anyone received letter from DB from VAT payment and if you have received have to seen that the VAT amount is quiet high.
Even I received the letter...but payment on VAT interest is still unclear. As they have mentioned that they MAY ask for interest depends on the court verdict.Even I received the letter...but payment on VAT interest is still unclear. As they have mentioned that they MAY ask for interest depends on the court verdict.
Here is the link for clear picture....Here is the link for clear picture....
I just spoke to DB and the work is completely stop due to workers issue and the demand for slab payment won't come for upcoming one more monthI just spoke to DB and the work is completely stop due to workers issue and the demand for slab payment won't come for upcoming one more month
My comments to replies
Will wait till the DB provides us the calculation of VAT
Have you received??
16th October 2012

Even I received the letter...but payment on VAT interest is still unclear. As they have mentioned that they MAY ask for interest depends on the court verdict.
Even I received the letter...but payment on VAT interest is still unclear. As they have mentioned that they MAY ask for interest......depends on the court verdict.
9th September 2012

Q: Have any one contacted DB on the construction status on Building no.1?
My comments to replies
Hi Mr.Irfan, have you booked any flat in this project or are you planning to book one?
Booked long time ago
11th September 2012

I think there is a delay in possession. Did you try to talk with the builder?
I spoke to Sales office and there will be no request for installment for a month due to worker issue
11th September 2012
And this same situation was in earlier and the construction halt for couple of months....Currently the construction has been stopped since July
11th September 2012

Hey All - I am also a unit holder in DB Ozone - builder is diverting its funds and not very much keen to complete this project early. Recently I visited the site and found that on the space of bldg. NO. 5 they are constructing hotel and it seems their priority. We all need to come together and need to discuss with builder and to put pressure to early completion, any anyone want to help each other plz drop a mail to me. We have just started and few people have come up, looking for more people to make an impression that we are not alone.
Mr Sanders, I won't be able to make it until October due to overseas project. Let me know if I can be in help in some other means... Thanks
29th June 2013
I mean Sandeep... Spelling error due to auto correct
29th June 2013

Q: When the project is getting completed, Is the work started I heard everything is stopped at DB Orchid.

My replies to this discussion
Has any one received letter from DB to pay 4.02% vatHas any one received letter from DB to pay 4.02% vat
Q: Hi Have any one received letter from DB to pay 4.02% vat,they have not provided breakup for this,please advise what should be done,should i wait or pay the said amount,they have demanded the amt in next 7 days,and asper some news there are no such clearity on calculation of tax charged by builders

My replies to this discussion
If you guys are interested and helps any1 If you guys are interested and helps any1
My comments to replies
I think you should wait and take advice from your legal expert before paying the VAT
What about you...are you a buyer in DB??
19th October 2012

Q: Has anyone received letter from DB from VAT payment and if you have received have to seen that the VAT amount is quiet high.
My comments to replies
Hi Mohammed, There is a discussion going on about the VAT from DB realty, click on this link http://www.commonfloor.com/forum/507a280c74ed0-received-letter-from-db-realty to view the discussion.
Thanks for the help...do you have property in DB
19th October 2012

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