VAT and service tax on property?



I am working in Saudi Arabia with a tax free salary. I recently brought a flat in india. So do the new service tax and VAT on property apply to me?

VAT and service tax on property?
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One Reply to “VAT and service tax on property?”

  1. As far as VAT is concerned it is not applicable in case of immovable property sale or purchase. But in case of Service tax it is applicable if following conditions are satisfied.
    1- If You have booked property from a developers and have made an advance etc then Sevice tax will be charged by developers.
    2- If you have taken the property in instalment etc then service tax will be charged by developers.
    In other case where you pay full amount at the time of registration etc no application of service tax etc.





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