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Discussions related to Real Estate matters, Real Estate laws, loans, financial queries

Re: VAT Payment Notice from Builder for Flat

Postby » Thu Nov 10, 2016 11:10 pm

Any demand raised @1.05% of the total sales consideration is payable irrespective conveyance deed executed or not. No H-VAT demand is payable once allottee is registered on or after 01.04.2014.
This is my persoanl opinion based on the little knowledge i possess. Rest all are free to take the legal opinion from their attorney and act accordingly.

Umesh Kumar Prabhakar
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