Valuation of Works Contracts: Deducting Profit from Labor and Services Under VAT and Sales Tax Laws.

Valuation of Works Contracts: Deducting Profit from Labor and Services Under VAT and Sales Tax Laws. https://www.taxtmi.com/highlights?id=19167 Valuation - works contract - profit earned by the Contractor to the extent it is relatable to supply of labour and service + profit attributable to labour and like charges are separate permissible deductions - HC en-us Thu, 03 Jul 2014 18:37:38 +0530 Thu, 03 Jul 2014 18:37:38 +0530 TaxTMI RSS Generator Valuation of Works Contracts: Deducting Profit from Labor and Services Under VAT and Sales Tax Laws. https://www.taxtmi.com/highlights?id=19167 Valuation - works contract - profit earned by the Contractor to the extent it is relatable to supply of labour and service + profit attributable to labour and like charges are separate permissible deductions - HC Highlights VAT and Sales Tax Thu, 03 Jul 2014 18:37:38 +0530 https://www.taxtmi.com/highlights?id=19167