Ravi Prakash, Apartment Resident, Bangalore
Posted Discussions
Posted Replies

Stamp duty is collected on sale agreement or construction agreement or both ?
Q: Guidance value : 65 Lac Sale Agreement : 20 Lac Construction Agreement : 69 lac how would the stamp duty calculated ?

Latest Answer: Service Tax is imposed by the Central Government for under construction property. Though it sounds simple but the calculation of service tax is a bit complicated due to its applicability to various cost heads. It is required to be paid only when you are purchasing a property directly from the developer. You can read more about the same here http://www.quikr.com/homes/blog/bangalore-buying-a-property-know-these-statutory-charges+775

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!