I met Mr. Tyagi on 05.10.13 thinking that group meeting planned on this forum, will happen. But on reaching there learnt from Mr. Pramod Gupta over telephone that it will happen this week. In anycase Mr. Tyagi said land issues have been sorted out between NA and farmers two months back and they were confident of launch in sept end. However, the redesigned maps are still to be okayed by NA. so may be by DIWALI they will launch as sr. management of ajnara is trying hard for approvals. Dont know if that can be believed.I met Mr. Tyagi on 05.10.13 thinking that group meeting planned on this forum, will happen. But on reaching there learnt from Mr. Pramod Gupta over telephone that it will happen this week. In anycase Mr. Tyagi said land issues have been sorted out between NA and farmers two months back and they were confident of launch in sept end. However, the redesigned maps are still to be okayed by NA. so may be by DIWALI they will launch as sr. management of ajnara is trying hard for approvals. Dont know if that can be believed.
May be the recent verdict of Hon'ble Allahabad High Court ordering demolition of two Supertech Towers in their Project Emerald Court due to violation of building norms is the cause of problem in Tower H. It is just a wild guess. But the verdict is good for us in that arbitrary construction and change in FAR can be challenged legally.May be the recent verdict of Hon'ble Allahabad High Court ordering demolition of two Supertech Towers in their Project Emerald Court due to violation of building norms is the cause of problem in Tower H. It is just a wild guess. But the verdict is good for us in that arbitrary construction and change in FAR can be challenged legally.
I will definitely be there on 11.00 am. I suggest one of us to become convener of this group to facilitate things. My no. is 8742907895, sector 5, vaishali, gzb. I appeal to all to be present on 14 th December at 10..00 am as proposed above.I will definitely be there on 11.00 am. I suggest one of us to become convener of this group to facilitate things. My no. is 8742907895, sector 5, vaishali, gzb. I appeal to all to be present on 14 th December at 10..00 am as proposed above.
Much awaited meeting happened between 10-11 buyers present and Mr. Lalit and one Ms. Neha, if I correctly recall her name. They showed us copy of letter dated 11.12.13 issued by Noida Authority to M/s IVRCL (again if i correctly remember) for building one housing society in sector 118 noida. IVRCL as per them is joint venture of Ajnara and supertech or something like that. I was demanding to see the agreement btn. Ajnara and supertech but other persons mentioned that there is only one (each) project ajnara -supertech so no need to further verify. So for now it may be taken that approvals have been obtained. They didn't part with its copy to any buyer and Lalit jee promised he will mail its copy. Revised layout plan with provision for more towers as now land area has been increased to 18, something acres from 16. something acres was shown to us. I captured it on my device and will make available on indian real estate forum as i dont see any attachment option avlbl here.Much awaited meeting happened between 10-11 buyers present and Mr. Lalit and one Ms. Neha, if I correctly recall her name. They showed us copy of letter dated 11.12.13 issued by Noida Authority to M/s IVRCL (again if i correctly remember) for building one housing society in sector 118 noida. IVRCL as per them is joint venture of Ajnara and supertech or something like that. I was demanding to see the agreement btn. Ajnara and supertech but other persons mentioned that there is only one (each) project ajnara -supertech so no need to further verify. So for now it may be taken that approvals have been obtained. They didn't part with its copy to any buyer and Lalit jee promised he will mail its copy. Revised layout plan with provision for more towers as now land area has been increased to 18, something acres from 16. something acres was shown to us. I captured it on my device and will make available on indian real estate forum as i dont see any attachment option avlbl here.
Mr. Kapil on indianrealestate forum has mentioned that "boundary work has already started........." , has any body visited the site and seen the progress.Mr. Kapil on indianrealestate forum has mentioned that "boundary work has already started........." , has any body visited the site and seen the progress.
From little understanding of S.T by doing its audit for 4 years I wish to share following points:
Point of taxation- i.e. ST becomes payable on either raising of invoice ( bill) or on receipt of consideration (money) which ever is earlier. This means on part payment service tax on that part payment is only payable.
Regarding rate as mentioned in my earlier post it is 3.09% (3%-ST+ .06%-E Cess +.03%-SHE Cess) on BSP+Car Parking, On rest of the other charges it has to be 12.36% in the current financial year. On lease rent also it should be 12.36%. However, if AJNARA as sb mentioned in previous post mentioned decides to include as BSP it will be 3.09%.
Again ST is payable only on under construction property only, so if sb purchases flat after Completion Certificate has been obtained by builder no ST is payable, but till then obviously rates would go much higher.
Further, 75% abatement on S.T. is available only on property whose value is ethr less than rs. 1 crore or From little understanding of S.T by doing its audit for 4 years I wish to share following points:
Point of taxation- i.e. ST becomes payable on either raising of invoice ( bill) or on receipt of consideration (money) which ever is earlier. This means on part payment service tax on that part payment is only payable.
Regarding rate as mentioned in my earlier post it is 3.09% (3%-ST+ .06%-E Cess +.03%-SHE Cess) on BSP+Car Parking, On rest of the other charges it has to be 12.36% in the current financial year. On lease rent also it should be 12.36%. However, if AJNARA as sb mentioned in previous post mentioned decides to include as BSP it will be 3.09%.
Again ST is payable only on under construction property only, so if sb purchases flat after Completion Certificate has been obtained by builder no ST is payable, but till then obviously rates would go much higher.
Further, 75% abatement on S.T. is available only on property whose value is ethr less than rs. 1 crore or
Hello All, instead of getting updates and being in dark, download one RTI form from noida authority site, fill in your query, dispatch it to the PIO at the address given in form itself with rs. 10 IPO and you will surely get answer within the prescribed maximum period of one moth. It is very easy if you attach rs. 40 IPO you write that you wish to received reply from speed post and you have paid the cost in IPO, you will get answer in speed post.
As Gandhiji has remarked "If u want to get a thing done, do it youself, else leave it to others"Hello All, instead of getting updates and being in dark, download one RTI form from noida authority site, fill in your query, dispatch it to the PIO at the address given in form itself with rs. 10 IPO and you will surely get answer within the prescribed maximum period of one moth. It is very easy if you attach rs. 40 IPO you write that you wish to received reply from speed post and you have paid the cost in IPO, you will get answer in speed post.
As Gandhiji has remarked "If u want to get a thing done, do it youself, else leave it to others"
From little understanding of S.T by doing its audit for 4 years I wish to share following points:
Point of taxation- i.e. ST becomes payable on either raising of invoice ( bill) or on receipt of consideration (money) which ever is earlier. This means on part payment service tax on that part payment is only payable.
Regarding rate as mentioned in my earlier post it is 3.09% (3%-ST+ .06%-E Cess +.03%-SHE Cess) on BSP+Car Parking, On rest of the other charges it has to be 12.36% in the current financial year. On lease rent also it should be 12.36%. However, if AJNARA as sb mentioned in previous post mentioned decides to include as BSP it will be 3.09%.
Again ST is payable only on under construction property only, so if sb purchases flat after Completion Certificate has been obtained by builder no ST is payable, but till then obviously rates would go much higher.
Further, 75% abatement on S.T. is available only on property whose value is ethr less than rs. 1 crore or From little understanding of S.T by doing its audit for 4 years I wish to share following points:
Point of taxation- i.e. ST becomes payable on either raising of invoice ( bill) or on receipt of consideration (money) which ever is earlier. This means on part payment service tax on that part payment is only payable.
Regarding rate as mentioned in my earlier post it is 3.09% (3%-ST+ .06%-E Cess +.03%-SHE Cess) on BSP+Car Parking, On rest of the other charges it has to be 12.36% in the current financial year. On lease rent also it should be 12.36%. However, if AJNARA as sb mentioned in previous post mentioned decides to include as BSP it will be 3.09%.
Again ST is payable only on under construction property only, so if sb purchases flat after Completion Certificate has been obtained by builder no ST is payable, but till then obviously rates would go much higher.
Further, 75% abatement on S.T. is available only on property whose value is ethr less than rs. 1 crore or
Service tax is chargeable at following rates (Value of residential complex +car parking)@3.09% (i.e. 25% of 12.36% of S.T) on other charges where there is no transfer of material thing but only service portion (PLC, powerbackup, FFC, EEC etc.)@12.36%. and there should be no S.T on lease rent (for residential complexes). It may be mentioned here that rates of S.T. are decided each year during budget so it may remain same or change.Service tax is chargeable at following rates (Value of residential complex +car parking)@3.09% (i.e. 25% of 12.36% of S.T) on other charges where there is no transfer of material thing but only service portion (PLC, powerbackup, FFC, EEC etc.)@12.36%. and there should be no S.T on lease rent (for residential complexes). It may be mentioned here that rates of S.T. are decided each year during budget so it may remain same or change.
