https://www.taxtmi.com/caselaws?id=260091 VAT in a works contract is confined to the value of goods transferred in execution of the contract, and amounts attributable to immovable property and other pre-agreement elements are excluded from the taxable base. Applying the earlier Division Bench interpretation of the Haryana VAT regime, the writ petition was disposed of as covered by that ruling, Rule 25(2) was upheld only to the extent it was read down consistently with that principle, and assessment and revisional orders based on the contrary approach were set aside. Notices already issued could proceed only in accordance with the declared interpretation, leaving fresh action open where legally permissible. en-us Wed, 29 Apr 2015 00:00:00 +0530 Mon, 01 Jun 2015 16:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260091 VAT in a works contract is confined to the value of goods transferred in execution of the contract, and amounts attributable to immovable property and other pre-agreement elements are excluded from the taxable base. Applying the earlier Division Bench interpretation of the Haryana VAT regime, the writ petition was disposed of as covered by that ruling, Rule 25(2) was upheld only to the extent it was read down consistently with that principle, and assessment and revisional orders based on the contrary approach were set aside. Notices already issued could proceed only in accordance with the declared interpretation, leaving fresh action open where legally permissible. Case-Laws VAT and Sales Tax Wed, 29 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260091