Poonawalla fincorps
Poonawalla fincorps

Nri investment in residential property in india

This query is : Resolved 
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(Querist)
07 April 2013 Is there any provision such that NRI can ignore paying service tax & VAT on investment in residential property in india
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
28 May 2013 There is no such act or law to avoid VAT & ST by NRI otherwise all will invest in the name of NRI. This is the habit of we the INDIANS to avoid tax.

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