2200 builders refuse to pay VAT

Legal Head at Sky Properties
Mayur is a real estate professional based in Navi Mumbai for the past 20 years. His expertise in real estate includes every sphere of the real estate sector from legal to Building Construction to Vastu to home interiors.
When it's not real estate, its either his fight against corruption or pulling focus (film making) with his NIKON D750 that keeps him busy.
With over 9 million views of his pictures on Google Maps and over 1.3 crore views of his contributions, he has been designated as a Master Photographer by Google.
He can be reached on 9987452642
Mayur

Many builders have ignored the Govt deadline to register and pay VAT before the October 31,2012 deadline despite Supreme Court rap.About 5257 builders registered themselves to pay VAT for the sales between June 20,2006 to March 31,2010 with the Sales Tax Dept.However,approx 2200 builders from Pune have not paid VAT.Most have showed nil returns.Most builders ask buyers to pay up for their VAT liabilities but social activists say that VAT payment is the responsibility of the person registered with the sales tax dept.A public interest litigation has been filed to prevent builders from extorting VAT from buyers.It will come up for admission on March 8.Builders say that they are entitled to collect VAT from buyers as the sales tax dept has supported their stand of issuing a debit note to flat buyers for the same. This will be the second time that the dept will raid builders to recover VAT.Many thought that govt will reduce their tax liability hence they did not pay it,though they may have collected it from flat buyers. It is amazing,that after months of confusion and court battles the govt is yet to specify whether flat buyers are liable for VAT or not.Just one more proof…

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Legal Head at Sky Properties
Mayur is a real estate professional based in Navi Mumbai for the past 20 years. His expertise in real estate includes every sphere of the real estate sector from legal to Building Construction to Vastu to home interiors.
When it's not real estate, its either his fight against corruption or pulling focus (film making) with his NIKON D750 that keeps him busy.
With over 9 million views of his pictures on Google Maps and over 1.3 crore views of his contributions, he has been designated as a Master Photographer by Google.
He can be reached on 9987452642
Mayur

ABOUT US Sky properties is a company whose name and reputation is synonymous with extraordinary levels of real estate service and expertise. Sky properties is all about working with you to obtain the very best outcome for  clientele. As a select group of dedicated property experts we understand the business end and the emotion of selling or buying a home. We work in a team environment to understand our clients’ needs and expectations, resulting in success for you – our valued client. Our success is driven by our people and their unrelenting focus on delivering outstanding results for our clients. This is achieved by operating responsibly, executing with excellence, valuing and working closely in partnership with our clients, applying innovative and effective marketing strategies, embracing the latest global technology solutions and, by long ago, recognizing the desirability of living in Navi Mumbai by the discerning client. Our insight and understanding of the property market has established a platform from which the Sky properties brand is ideally positioned to carry its unique methods forward as we constantly evaluate and plan for the future. WHAT WE DO Sky properties is a specialized, high end seller of property. Our employees work closely with both…

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