https://www.taxtmi.com/caselaws?id=167698 Section 15(5)(a) of the Karnataka Value Added Tax Act, 2003 permits composition for works contracts, but entitlement depends on the statutory conditions governing transfer of property in goods during execution of the contract. The commentary treats the two assessment years separately and states that the amended provision supported composition for assessment year 2006-07, while the earlier year did not satisfy the statutory requirement. The assessment was therefore to be redone according to the applicable entitlement for each year, with relief available only in part. en-us Fri, 17 Aug 2012 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167698 Section 15(5)(a) of the Karnataka Value Added Tax Act, 2003 permits composition for works contracts, but entitlement depends on the statutory conditions governing transfer of property in goods during execution of the contract. The commentary treats the two assessment years separately and states that the amended provision supported composition for assessment year 2006-07, while the earlier year did not satisfy the statutory requirement. The assessment was therefore to be redone according to the applicable entitlement for each year, with relief available only in part. Case-Laws VAT and Sales Tax Fri, 17 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167698