- Stamp duty and registration charges (which are state specific and which will not fall under the GST) • Service taxes including Swachh Bharat Cess and Krishi Kalyan Cess totally adding up to 15% (since service tax is applicable on 25% of the agreement value, effective outgo translates to 3.75%. However in case of properties costing above Rs 1 crore or where the carpet area of the residential unit exceeds 2,000 sq ft, service tax will be applicable on 30% of the agreement value, translating to an effective outgo of 4.5%) • VAT – state-specific charge, for instance Maharashtra charges 1% VAT on agreement value, while Karnataka charges 5.5%, Tamil Nadu and West Bengal do not charge VAT – VAT is expected to be subsumed under GST