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I would like to enquire what would be the taxes to be paid while purhcasing an apartment in kerala? Rgds...prince
From Qatar
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while purchasing an apartment you have to pay the vat and service tax other than registration charges Vat : 3.03 % (Including cess) Sercvice Tax : 2% + regards
From India, Kochi
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If an amount for the purchase of a property is paid to the builder before he obtains a completion certificate, it would be subject to service tax. Only if the entire amount for the property purchase is paid after the receipt of a completion certificate, there would be no levy of the service tax.

Regards,
Pon

From India, Lucknow
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