How are VAT and Service Tax calculated?

0

Hi,

Would like to know how are the VAT and Service Tax calculated for an apartment.

Assume my super built up area = 1300 sq.ft

Cost per sqft = 3100

UDS = 550

Car Parking = 200000

Basic cost  = (1300 * 3100) = 4030000

Total cost = Basic cost + car parking = 4230000

Any clarification of the above is greatly appreciated.

Thank You

asked March 25, 2013

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