VAT on sale of residential complex
This query is : Resolved
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)
(After 46th constitutional amendment in article 366,whether VAT is applicable on sale of flats or not)
04 December 2009
since residential complex is nonmovable, i don't think it should be consider in defination of good.
for more details you can see the defination of Goods under your state VAT act.
for more details you can see the defination of Goods under your state VAT act.
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