St on purchase of flat after delhi high court judgement

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Querist : Anonymous

Querist : Anonymous (Querist)

09 June 2016 Dear All, can any one let me know the ST Applicability on purchase of flat under construction after judgement of delhi high court in the case of suresh kumar bansal, pls clarify weather ST on 25% value of flat included land is still applicable or not, Thanx & Regard vijay wasan

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 June 2016 Dept may appeal to Supreme court and also amend the Act/Rules.

Querist : Anonymous

Querist : Anonymous (Querist)

09 June 2016 sir... deptt. may appeal in supreme court & amend the rule/act. however this is further pls clarify at this time does the builders need to charge ST on under construction flat or not if yes how much,

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 June 2016 As the matter will be taken up for appeal better charge ST on under construction flat.

Querist : Anonymous

Querist : Anonymous (Querist)

09 June 2016 but sir court has also directed to refund the ST with 6% interest

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 June 2016 Keeping open the query for other experts to reply.