Hi everyone,

I know this question has been asked previously in a different way, but can someone please clarify it for me.

I would appreciate if you could clear one of my doubts.

I purchased a flat in navi mumbai and registered the flat on 29 march 2012, the flat was a ready possession one and the Occupancy certificate was issued on 19/07/2011 (last year). No payment was done before the OC.

Now the builder is asking for VAT (1%) + service tax (3.09%), I understand the VAT of 1%, but is the builder justified in asking for the service tax, since my flat was in ready possession and the OC was issued in July 2011 itself.

I am guessing the Occupancy certificate is same as Completion certificate ??

How do i tackle the builder..
Thanks in advance..
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  • Yes and after OC there is no VAT
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