WHETHER WCT IS APPLICABLE UNDER TAMILNADU VAT ACT ON CONTRACT GIVEN FOR CONSTRUCTION OF ROADS INSIDE A FACTORY. IS THERE ANY EXEMPTION FOR SMALL CONTRACTORS.
WCT UNDER TAMILNADU VAT ACT
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Works contract tax applicability flagged; refer to VAT rules for treatment of road construction contracts within factory premises.
Whether works contract tax applies under Tamil Nadu VAT to contracts for construction of roads inside a factory and whether small contractors are exempt; the response refers to Rule 8(5) of the Tamil Nadu VAT Rules, 2007 as the provision to be examined for applicable treatment, eligibility and procedural conditions. (AI Summary)
Whether works contract tax applies under Tamil Nadu VAT to contracts for construction of roads inside a factory and whether small contractors are exempt; the response refers to Rule 8(5) of the Tamil Nadu VAT Rules, 2007 as the provision to be examined for applicable treatment, eligibility and procedural conditions. (AI Summary)
TaxTMI 