https://www.taxtmi.com/forum/issue?id=2469 Applicability of Works Contract Tax arises for cabling and installation performed under composite contracts, particularly when material and labour are not separately invoiced. Whether a transaction is taxed as a works contract or under VAT depends on state-specific schemes: some states allow composition or presumptive methods to determine the taxable base, while others require different apportionment or full VAT compliance. The applicable rate and calculation method therefore depend on the state's VAT/WCT rules. en-us Sat, 11 Dec 2010 12:47:29 +0530 Thu, 23 Jan 2025 15:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2469 Applicability of Works Contract Tax arises for cabling and installation performed under composite contracts, particularly when material and labour are not separately invoiced. Whether a transaction is taxed as a works contract or under VAT depends on state-specific schemes: some states allow composition or presumptive methods to determine the taxable base, while others require different apportionment or full VAT compliance. The applicable rate and calculation method therefore depend on the state's VAT/WCT rules. Discussion-Forum VAT / Sales Tax Sat, 11 Dec 2010 12:47:29 +0530 https://www.taxtmi.com/forum/issue?id=2469