Vat on sale of residential flats

TRILOCHAN (SENIOR ACCOUNTANT) (698 Points)

05 September 2011  

Dear All,

I am working in a proprietorship concern. Our concern  has constructed 30 residential flats in a appartment and sold during F.Y. 2010 -2011,

Please confirm me , Whether VAT is applicable on sale of this flats.

 

Waiting for your valuable reply.