[Resolved]  Real Estate — Duties on Real Estate in Karnataka

Dear Sir / Madam,
Regards

Am in a fix as the apartments / flats in Karnataka come loaded with all levies- stamp duty, vat, service tax.

1. Stamp duty is fine : its an immovable good.

2. VAT : All builders charge a 4% VAT and Sobha Developers charges 8.75%. I wonder if they are at all required to charge it in the first place, two if they at all deposit it into government kitty ! Charging VAT along with Stamp Duty is fraudulent.

3. Service tax : why service tax ? Whatever logic is given; if construction and sale of flat is a service - then manufacturing and sale of TV, mobiles, ACs, printers should also be burdened with service tax and VAT !

Everyone wants to exploit the poor customers, but i hope you would answer my doubts and also raise it at the right platform.

Thanks,
Rohit Maroo