SALE AGREEMENT AND CONSTRUCTION AGREEMENT

Generally, the developers, who are not builders, enter into agreement through works contract to build the apartments.  Wherein, such activities attract VAT and SERVICE TAX. The average buyer has to enter into two agreements.  One, for the undivided share of the land,( Agreement to sell)and the other, construction agreement.  Executing two agreements confuses the buyer.  … Continue reading SALE AGREEMENT AND CONSTRUCTION AGREEMENT