Times Of India covers CA Sharad Patel’s fight against VAT on Flat Sales

Web site to help aggrieved Mumbai flat buyers:

Sharad Patel, an affected buyer and founder-partner of chartered accountants ASJ & Company LLP, said the Bombay high court on Tuesday held that every agreement with a developer need not be a works contract. It is for the sales tax assessing officer to verify each agreement with developers to determine if a particular agreement is a works contract and VAT can be levied. He has raised doubts on whether VAT can be charged on such flats sales.

CA Sharad Patel has setup www.flatvat.com to unite flat buyers against VAT for flat sales. Register with them to join in effort.

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