How are VAT and Service Tax calculated?
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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