https://www.taxtmi.com/caselaws?id=493 An inclusive statutory definition of "works contract" can cover a developer's agreement to construct and sell flats or commercial units before completion. The decisive factor is that the arrangement is entered into for consideration before construction is finished, even if the developer retains contractual rights on purchaser default or asserts an ownership or development interest. Ownership rules under property law do not alter the tax characterisation under the sales tax statute. On that basis, the transfer of property in goods involved in the construction is taxable, and turnover tax is leviable on the developer's construction activity. en-us Thu, 05 May 2005 00:00:00 +0530 Mon, 22 Sep 2025 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=493 An inclusive statutory definition of "works contract" can cover a developer's agreement to construct and sell flats or commercial units before completion. The decisive factor is that the arrangement is entered into for consideration before construction is finished, even if the developer retains contractual rights on purchaser default or asserts an ownership or development interest. Ownership rules under property law do not alter the tax characterisation under the sales tax statute. On that basis, the transfer of property in goods involved in the construction is taxable, and turnover tax is leviable on the developer's construction activity. Case-Laws VAT / Sales Tax Thu, 05 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=493