https://www.taxtmi.com/article/detailed?id=1129 Section 27 of the Punjab VAT Act requires tax deduction at source on payments for transfer of property in goods under works contracts, but the deduction must be calculated only on the taxable turnover-excluding labour/service components and turnover relating to inter-State sales, sales outside the State or imports; contractors claiming exclusion must furnish a declaration to the payer with a copy to the assessing authority. en-us Fri, 11 Feb 2011 00:00:00 +0530 Sat, 12 Feb 2011 09:03:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1129 Section 27 of the Punjab VAT Act requires tax deduction at source on payments for transfer of property in goods under works contracts, but the deduction must be calculated only on the taxable turnover-excluding labour/service components and turnover relating to inter-State sales, sales outside the State or imports; contractors claiming exclusion must furnish a declaration to the payer with a copy to the assessing authority. Articles Value Added Tax - VAT and CST Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=1129