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    <title>Material value under CST in case of works contract</title>
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    <description>Interstate works contracts generate deemed interstate sales for CST: CST is chargeable by the State of dispatch and is payable only on the material value (goods component) of the contract, not on labour. If the contract is divisible or separate accounts for goods exist, CST may be charged on the identifiable goods value; in indivisible contracts the State of dispatch may still collect CST on material value, with recent amendments clarifying deductions to compute that value.</description>
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      <title>Material value under CST in case of works contract</title>
      <link>https://www.taxtmi.com/forum/issue?id=4037</link>
      <description>Interstate works contracts generate deemed interstate sales for CST: CST is chargeable by the State of dispatch and is payable only on the material value (goods component) of the contract, not on labour. If the contract is divisible or separate accounts for goods exist, CST may be charged on the identifiable goods value; in indivisible contracts the State of dispatch may still collect CST on material value, with recent amendments clarifying deductions to compute that value.</description>
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      <law>VAT / Sales Tax</law>
      <pubDate>Mon, 16 Apr 2012 17:31:34 +0530</pubDate>
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