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VAT on sale of residential complex

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(Querist)
04 December 2009 IF a company is engaged in construction of residential complex n sell them out than VAT is applicable or not.
(After 46th constitutional amendment in article 366,whether VAT is applicable on sale of flats or not
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
05 December 2009 vat is applicable however applicabilty of VAT will depends upon on other various conditions also

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