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VAT - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Works contract - transfer of material purchased by the assessee ...

Case Laws     VAT and Sales Tax

February 23, 2017

Works contract - transfer of material purchased by the assessee at concessional rate to contractor - whether such arrangement, permitting utilization of construction materials by contractor and adjustment of its consideration in the contractor's account, would constitute an act of 'sale' - Held Yes - HC

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