WCT UNDER TAMILNADU VAT ACT

[M.S.SUHAS MUNDARAGI]

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.

[YAGAY andSUN]

Please check Rule 8(5) of the TNVAT Rules, 2007 in this regard.

AI Summary

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.