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Is it necessary to pay VAT and service tax for ready to move property – Property Hotline
Posted
May 12, 2016
Views
261
May 12, 2016
261
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4:54Now PlayingM Yaseen, Bengaluru asked if is it necessary to pay service tax and VAT for ready to move in property. To what extent is income tax exempted on the interest charged and the EMIs when there are two borrowers (Applicant & Co-applicant)? Will both borrowers get I-T exemption? Expert Jayesh answered that builder having developed the project & obtained the occupancy certificate is selling a product on which service tax is not applicable. Further, no VAT on immovable goods. Tune into video to know full answer:
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