Posted on

डीम्ड कन्व्हेयन्सला LBT माफी?

राज्य सरकारने ‘ एलबीटी ‘ लागू केलेल्या महापालिकांमध्ये मानीव अभिहस्तांतरण दस्तऐवजांवर (डीम्ड कन्व्हेयन्स) एक टक्का ‘ एलबीटी ‘ माफ करण्याचा महत्त्वपूर्ण निर्णय घेतला असून त्याविषयी लवकरच आदेश काढण्यात येणार आहे. यामुळे गृहनिर्माण सोसायट्यांना मोठा दिलासा मिळणार आहे.

या संदर्भात महसूल व वन खात्याची वरिष्ठ स्तरावर नुकतीच चर्चा झाली. त्या बैठकीत हा निर्णय घेण्यात आल्याचे विश्वसनीय सूत्रांकडून सांगण्यात आले. ज्या महापालिका क्षेत्रांमध्ये एप्रिलपासून ‘ एलबीटी ‘ लागू झाला आहे, त्या महापालिकांमध्ये डीम्ड कन्व्हेयन्सला अतिरिक्त एक टक्का शुल्क लागू करावे की करू नये, याविषयी संदिग्धता होती. त्यावर विधि व न्याय खात्याचा अ​भिप्राय मागविण्यात आला असता, त्यांनी अतिरिक्त एक टक्का वसुल करण्याची आवश्यकता नसल्याचे स्पष्ट केले. ते मत महसूल खात्याने मान्य केले असून ‘ एलबीटी ‘माफीविषयी निर्णय घेण्यात आला आहे. लवकरच मुद्रांक शुल्क नोंदणी महानिरीक्षकांना या निर्णयाविषयी कळविण्यात येणार आहे.

या निर्णयाबद्दल महाराष्ट्र राज्य सहकारी गृहनिर्माण संस्था फेडरेशनचे अध्यक्ष सीताराम राणे यांना विचारले असता, हा निर्णय गृहनिर्माण संस्थांना दिलासा देणारा असेल, असे सांगून सरकारला धन्यवाद दिले. डीम्ड कन्व्हेयन्सच्या प्रक्रियेमध्ये येणाऱ्या अडचणींकडे आम्ही सातत्याने पत्रव्यवहार करून त्यात लक्ष घालण्याची विनंती राज्य सरकारला केली होती. महसूलमंत्री बाळासाहेब थोरात यांच्याकडेही पाठपुरावा केला होता. त्यात महसूल मंत्र्यांनी जातीने लक्ष घालून तो प्रश्न धसास लावला. या निर्णयामुळे गृहनिर्माण सोसायट्यांचा आ​र्थिक भार काही प्रमाणात कमी होण्यास मदत होईल. जनतेच्या जिव्हाळ्याचा, बऱ्याच वर्षापासून प्रलंबित प्रश्न सुटल्याचे समाधान आहे, असे राणे यांनी सां​गितले.

(Article from Maharashtra Times: http://maharashtratimes.indiatimes.com/maharashtra/mumbai/-lbt-/articleshow/24893980.cms?)
Oct 30, 2013, 08.00AM IST

Posted on

VAT on Flat

Builders can’t pass on VAT to flat buyers: Supreme Court

Friday, Sep 27, 2013, 7:42 IST

Apex court verdict upholding Bombay high court ruling is a jolt to developers in the state.

This is good news for those who have bought property between June 2006 and March 2010. The Supreme Court on Thursday said Value Added Tax (VAT) cannot be imposed on buyers.
This has come as a jolt to builders in the state who wanted 1% tax instead of 5% imposed by the state government in 2006. They were recovering the VAT amount from buyers.

Justice RM Lodha upheld the Bombay high court order that VAT cannot be imposed on buyers.

“The value of goods which can constitute the amount to be taxed has to be the value of the goods at the time of incorporation of goods in the works even though property in goods pass later. Taxing the sale of goods element in a works contract is permissible even after incorporation of goods provided tax is directed to the value of goods at the time of incorporation and does not purport to tax the transfer of immovable property,” the court observed.

The court also directed the Maharashtra government to bring clarity in Rule 58 (1-A) — relating to VAT rules.

“We respect the Supreme Court verdict but we will study the judgment only after we get a copy. The taxes imposed by the government have always been passed on to the buyer. We will not pay from our pocket,” said Sunil Mantri, vice president Naredco, CMD Mantri Realty.

“Imposing 5% VAT under section 42(3) of MVAT on flat purchased during June 20, 2006, to March 2010 would impact consumers. The SC verdict will lead to disputes between developers and buyers,” he added.

Builders’ association CREDAI had approached the apex court after the Bombay high court rejected their plea to impose only 1% VAT. In 2006, the state government imposed a VAT of 5% on constructions made between 2006 and 2010. The move resulted in an additional tax liability on flats, shops and bungalows sold by developers between June 20, 2006, and March 31, 2010.

“Whatever VAT amount the developer has recovered, will now have to be returned to buyers with interest,” said a consumer activist. “If they don’t, then we will move court.”

Advocate general’s stand
The apex court recorded the statement of advocate general of Maharashtra that clearly stated that implementation of Rule 58(1-A) shall not result in double taxation and in any case all claims of alleged double taxation will be determined in the process of assessment of each individual case

 

(Article from DNA: http://www.dnaindia.com/mumbai/1894455/report-builders-can-t-pass-on-vat-to-flat-buyers-supreme-court)

Posted on

SGM on 6th October 2013

Special General Body Meeting (SGM) of Meghvarsha Co-Op. Housing Society Ltd. is scheduled for Sunday, 6th October 2013 at 11 am in Society’s Club House.

Primary purpose of the meeting is to agree next course of action for Deemed conveyance. As discussed during AGM, deemed conveyance incurs a significant cost for all members (approximately Rs.55000 – 60000/- per flat) and hence we request everyone to be available for the meeting and put forward their views. Decision taken during SGM will be binding on all the members.  All the members are therefore requested to attend the said meeting and take active part therein.

Posted on

Notice

Dear Meghvarsha Society Member,
Please check the below notice,

1] Share Certificate
Please submit your agreement copy and Know-Your-Members (KYM) form in
office before 31-Dec-2012. This is required to prepare the
certificate.

2] SRM fund
As per By-Laws we need to collect Sinking and Repairs Fund (SRM).
Please pay it before 31-Dec-2012. The SRM list is available on website

3] Regarding Tenants
It is observed that flats are rented out to bachelors/student/single
working professions or used for business purpose.
As decided in AGM, the flats are to be rented only to a family. If
such is the case, please inform the existing tenants as soon as
possible and take care henceforth.

4] Parking Areas:
It is observed that 4 wheeler as well as 2 wheeler are parked
in visitors parking. Vehicals should be parked in respective parking
only. Henceforth appropriate action will be taken against offenders.

5] Regarding Advertisements:
Please do not stick ad’s/bills of classes, parlors etc in lifts/ walls
near lifts, whiteboards near gate or club house. If requested to
society, the advertisements can be put up on the notice boards for 1
week.

Thank You,
www.meghvarshasociety.com