https://www.taxtmi.com/forum/issue?id=111690 A person other than an individual or HUF paying a contractor for transfer of property in goods under a works contract must deduct tax at the time of credit or payment, whichever is earlier, where the contract value exceeds the prescribed threshold; the rate is four percent, with a higher six percent rate if the contractor is not registered under the Act. en-us Sat, 25 Mar 2017 10:14:25 +0530 Thu, 23 Jan 2025 15:55:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111690 A person other than an individual or HUF paying a contractor for transfer of property in goods under a works contract must deduct tax at the time of credit or payment, whichever is earlier, where the contract value exceeds the prescribed threshold; the rate is four percent, with a higher six percent rate if the contractor is not registered under the Act. Discussion-Forum VAT / Sales Tax Sat, 25 Mar 2017 10:14:25 +0530 https://www.taxtmi.com/forum/issue?id=111690