https://www.taxtmi.com/caselaws?id=162851 Section 17(6) of the Karnataka Sales Tax Act provides an optional composition scheme for works contracts, under which tax is paid on the total consideration for works contracts executed in the State in lieu of the normal assessment. Once a dealer voluntarily elects that route, the dealer is bound by the statutory consequences and cannot later split receipts or exclude components said to involve only labour and no transfer of property in goods. The levy on the full composition base was therefore sustained in line with the statutory scheme and the principle that a conscious election under an optional tax regime is final. en-us Fri, 07 Jul 2006 00:00:00 +0530 Sat, 15 Mar 2014 14:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162851 Section 17(6) of the Karnataka Sales Tax Act provides an optional composition scheme for works contracts, under which tax is paid on the total consideration for works contracts executed in the State in lieu of the normal assessment. Once a dealer voluntarily elects that route, the dealer is bound by the statutory consequences and cannot later split receipts or exclude components said to involve only labour and no transfer of property in goods. The levy on the full composition base was therefore sustained in line with the statutory scheme and the principle that a conscious election under an optional tax regime is final. Case-Laws VAT and Sales Tax Fri, 07 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162851