A Kumar
Posted Discussions
Posted Replies

Regarding vat and service tax for a Landowner share flat - Gift deed registered .
Q: One lady Mrs x got a flat as gift from her brother . ( Her brother and father are land owner and they got some flats due to Joint development with one of the builder in Bangalore ) The property is registered as GIFT DEED now . If I am buying the flat from her . Do I need to pay any service tax and VAT for the flat. Because when I go to any builder they include Vat and service tax as a separate component while calculating the price . I know I have to pay the registration cost .

Latest Answer: I second you Shiva. You need not pay VAT & Service Tax as the same is applicable only when you purchase flat from the builder.

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!