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VAT refund after cancelling apartment booking

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..... VAT refund after cancelling apartment booking
Query (Issue) Started By: - Prateek Kumar Dated:- 23-6-2015 Last Reply Date:- 23-6-2015 VAT + CST
Got 2 Replies
VAT / Sales Tax
Hello,I have .....

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..... planned to purchase an apartment in bangalore and paid the builder the booking amount and EDM 15% Earnest Deposit Money.After 6 months the builder sent me sale and construction agreement and it was n .....

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..... ot satisfactory and I decided to cancel my booking. Now the issue is they are claiming that the actual money paid to them will be refunded but the VAT cannot be refunded. I request someone to help me .....

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..... with some information on this. No sale happened here and I am wondering why this cannot be refunded? Reply By praveen m r : The Reply: They should be able to refund the VAT amount also to you, unless .....

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..... you have signed an agreement with them which mentioned VAT will not be refunded to you. VAT computation for a builder is quite complicated in Karnataka. You might take an expert opinion before discus .....

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..... sing with the builder. Opinions on such matters are available from different experts and will range between 10k to 20 K Reply By Prateek Kumar: The Reply: Thanks for the reply. Could you please help .....

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..... me out to find a VAT expert in bangalore who can help me to get refund ?
Discussion Forum - Knowledge Sharing .....

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