naval, Apartment Resident, Hyderabad
Q: Hi, I have bought a new property and i want information about the taxes that are applicable. 1) Registration Charge: Land Deed + Agreement of construction 2) VAT(1.25%): 3) Service Tax(3.09%): Can you please let me know on what amount will the above three be charged? The builder is charging on the total sales amount but I am not sure if that is correct.. Please guide me to the right government forum from where I can get the information..

Latest Answer: Hi all, It would be great if you can give specific details, about the builder and the project name. While you ask for people's help, it would help all the other people here now and in future, so that they can be cautious while dealing with such builder. Commonfloor forum is about sharing knowledge and helping others, no one is getting paid here for writing helpful posts for various queries posted here everyday. So do your bit in helping others as well.

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