Service Tax & VAT on Property

[Asked by Guest]

Dear Sir,

Could you please advise me how much Service Tax & Vat is payable toward purchase of an apartment in Chennai Tamil Nadu. The apartment is still under construction & the UDS was registed in Jan 2011. 

 

Regards,

Senthil

AI Summary

Service Tax and VAT liability on purchase of an under construction apartment questioned; clarification on applicable taxes sought.
Whether the purchaser of an under construction apartment must pay Service Tax and VAT on the transaction is queried; buyer seeks guidance for an apartment in Chennai with the undivided share of land registered in January 2011, and no substantive legal conclusion is provided.