https://www.taxtmi.com/caselaws?id=262235 VAT on works contracts is confined to the value of goods transferred in execution of the work, and not to the value of land, immovable property, or activities done before the agreement for sale. Where the deductive method is applied, deductions must ensure tax is levied only on the value of goods incorporated in the works. Rule 25(2) of the Haryana VAT Rules, 2003 and the related explanation are read down accordingly, and the State is directed to amend the Rules to conform to this interpretation. Assessment and revisional orders based on the broader reading are set aside, while authorities may proceed afresh or continue from notices in accordance with law. en-us Mon, 13 Jul 2015 00:00:00 +0530 Wed, 05 Aug 2015 06:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262235 VAT on works contracts is confined to the value of goods transferred in execution of the work, and not to the value of land, immovable property, or activities done before the agreement for sale. Where the deductive method is applied, deductions must ensure tax is levied only on the value of goods incorporated in the works. Rule 25(2) of the Haryana VAT Rules, 2003 and the related explanation are read down accordingly, and the State is directed to amend the Rules to conform to this interpretation. Assessment and revisional orders based on the broader reading are set aside, while authorities may proceed afresh or continue from notices in accordance with law. Case-Laws VAT and Sales Tax Mon, 13 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262235