GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Applicability and Calculation of ST and VAT on Purchase of a Villa

Service Tax - Started By: - SASI CHATLA - Dated:- 3-1-2017 Last Replied Date:- 4-1-2017 - Dear Sir/ Madam,I have bought a Villa in the Year 2014 with a booking advance and later paid installments in Year 2015 and 2016 [ bank loan].During possession, the builder has raised ST as 15% on 30% of AOS VAT as 5% on 25% of AOS.Please let me know whether ST is applicable for Villa and if so should it be applied on AOS ?Should the land value be deducted from AOS and apply ST?Also, ST if applied should be .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version