Goods imported/ purchased inter-State used in Works contract, would be exempt from VAT

Goods imported/ purchased inter-State used in Works contract, would be exempt from VAT https://www.taxtmi.com/article/detailed?id=6810 Where a works contract specifies goods of particular quality and approved out of State or foreign sources so that importation and inter State movement occur to fulfill contract requirements, those movements are to be treated as sale in the course of inter State trade under Section 3(a) and as sale in the course of import under Section 5(2) of the CST Act, because importation and inter State supply are incidental to and occasioned by the contract. en-us Fri, 06 May 2016 17:13:19 +0530 Fri, 06 May 2016 17:13:19 +0530 TaxTMI RSS Generator Goods imported/ purchased inter-State used in Works contract, would be exempt from VAT https://www.taxtmi.com/article/detailed?id=6810 Where a works contract specifies goods of particular quality and approved out of State or foreign sources so that importation and inter State movement occur to fulfill contract requirements, those movements are to be treated as sale in the course of inter State trade under Section 3(a) and as sale in the course of import under Section 5(2) of the CST Act, because importation and inter State supply are incidental to and occasioned by the contract. Articles Value Added Tax - VAT and CST Fri, 06 May 2016 17:13:19 +0530 https://www.taxtmi.com/article/detailed?id=6810