https://www.taxtmi.com/caselaws?id=163091 Amounts paid by a principal contractor to a sub-contractor in execution of a works contract form part of the principal contractor's total turnover for turnover tax under section 6B of the Karnataka Sales Tax Act, 1957. Although the scheme allows deduction of such payments when computing taxable turnover in a works contract, turnover tax is levied on total turnover on a multi-point basis and is not confined to taxable turnover alone. The value paid to the sub-contractor is therefore includible in total turnover and remains liable to turnover tax; the challenge fails. en-us Fri, 03 Feb 2006 00:00:00 +0530 Fri, 21 Mar 2014 16:51:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163091 Amounts paid by a principal contractor to a sub-contractor in execution of a works contract form part of the principal contractor's total turnover for turnover tax under section 6B of the Karnataka Sales Tax Act, 1957. Although the scheme allows deduction of such payments when computing taxable turnover in a works contract, turnover tax is levied on total turnover on a multi-point basis and is not confined to taxable turnover alone. The value paid to the sub-contractor is therefore includible in total turnover and remains liable to turnover tax; the challenge fails. Case-Laws VAT and Sales Tax Fri, 03 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163091