Works contract - valuation - the deduction under the VAT act ...

Valuation Deductions in Works Contracts Under VAT Act Can Use Actual Value or Prescribed Percentage for Labor and Services.

September 23, 2016

Case Laws VAT and Sales Tax HC

Works contract - valuation - the deduction under the VAT act would be either on the actual value of labour, services and other like charges; or it would be at the prescribed percentage, in such cases where the charges towards labour, services etc. are not ascertainable from the terms and conditions of the contract - HC

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Works contract - valuation - the deduction under the VAT act ...

Valuation Deductions in Works Contracts Under VAT Act Can Use Actual Value or Prescribed Percentage for Labor and Services.

September 23, 2016

Case Laws VAT and Sales Tax HC

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