https://www.taxtmi.com/caselaws?id=163391 Iron and steel used by a contractor in executing a bridge works contract were assessable under the works contract charging provision, because the goods were not transferred in the same form as purchased but were consumed in the execution of the work. Applying the principles governing works contracts and deduction of labour and service components, the Court found no basis for concessional tax treatment on those materials. The revisional authority and the Tribunal were therefore justified in sustaining the assessment revision, and the assessee's challenge failed. en-us Thu, 12 Aug 2004 00:00:00 +0530 Tue, 01 Apr 2014 18:08:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163391 Iron and steel used by a contractor in executing a bridge works contract were assessable under the works contract charging provision, because the goods were not transferred in the same form as purchased but were consumed in the execution of the work. Applying the principles governing works contracts and deduction of labour and service components, the Court found no basis for concessional tax treatment on those materials. The revisional authority and the Tribunal were therefore justified in sustaining the assessment revision, and the assessee's challenge failed. Case-Laws VAT and Sales Tax Thu, 12 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163391