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VAT - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Works contract - construction of flats - the ownership of land ...


Tribunal Overlooks Key Detail: Builder Retains Land Ownership in Works Contract for Flat Construction Without Development Agreement.

January 13, 2017

Case Laws     VAT and Sales Tax     HC

Works contract - construction of flats - the ownership of land is with the builder itself, and there is no development agreement entered into by the builders with the owners of the land. This is a material circumstance, which has completely been omitted from consideration by the Tribunal - HC

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