https://www.taxtmi.com/article/detailed?id=5408 Deduction under section 27 of the Punjab VAT Act, 2005 for tax at source on payments to works contractors applies only to the taxable turnover after excluding labour and service components and turnover relating to inter State sales or import; contractors must furnish a declaration of taxable turnover to the contractee and designated assessing officer, without prejudice to assessment, interest, penalty and recovery provisions. en-us Fri, 27 Dec 2013 13:09:44 +0530 Fri, 27 Dec 2013 13:09:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5408 Deduction under section 27 of the Punjab VAT Act, 2005 for tax at source on payments to works contractors applies only to the taxable turnover after excluding labour and service components and turnover relating to inter State sales or import; contractors must furnish a declaration of taxable turnover to the contractee and designated assessing officer, without prejudice to assessment, interest, penalty and recovery provisions. Articles Value Added Tax - VAT and CST Fri, 27 Dec 2013 13:09:44 +0530 https://www.taxtmi.com/article/detailed?id=5408