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Whether the buyer can make payment to the builder by two separate cheques viz. one for the consideration for the flat and other in the name of the Government towards ST liability arising thereon?

April 26, 2017builder buyer cheques consideration flat government payment separate viz

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Whether the buyer can make payment to the builder by two separate cheques viz. one for the consideration for the flat and other in the name of the Government towards ST liability arising thereon?

1 Answer

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Yes, if it suits both the parties, it can be done so. In this case, the builder will have to deposit the cheque for ST with the Government instead of depositing it in his account and paying thereafter.