https://www.taxtmi.com/caselaws?id=166430 Builders undertaking construction and sale of villas or flats remained liable to VAT on the works contract because the Kerala Value Added Tax Act and the amended stamp duty scheme operated in different fields. Payment of stamp duty, even with the rebate notification, did not extinguish VAT liability, and the clarification rejecting exemption was upheld. The Court also recognised practical difficulty in applying the rebate mechanism where stamp duty had been paid in advance, and directed the Government to issue suitable orders to make the rebate workable, including verification of stamp duty payment and recovery of only the balance VAT. en-us Mon, 07 Feb 2011 00:00:00 +0530 Thu, 25 Sep 2014 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166430 Builders undertaking construction and sale of villas or flats remained liable to VAT on the works contract because the Kerala Value Added Tax Act and the amended stamp duty scheme operated in different fields. Payment of stamp duty, even with the rebate notification, did not extinguish VAT liability, and the clarification rejecting exemption was upheld. The Court also recognised practical difficulty in applying the rebate mechanism where stamp duty had been paid in advance, and directed the Government to issue suitable orders to make the rebate workable, including verification of stamp duty payment and recovery of only the balance VAT. Case-Laws VAT and Sales Tax Mon, 07 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166430