https://www.taxtmi.com/caselaws?id=191248 Under the VAT regime, liability on works contracts attaches to the value of goods at the time of incorporation, and receipt of consideration does not postpone the charge; deductions under rule 17(1)(e) operate within that scheme, not as a shift in the charging point. Pure labour contracts remain outside VAT, but whether a contract is purely labour or includes material transfer is a factual question. Forfeiture of tax collected at source requires notice and a hearing before action is taken. The same transaction cannot be taxed twice, and protection may be needed where later-year tax payment could overlap with earlier incorporation-based assessments. en-us Thu, 21 Apr 2016 00:00:00 +0530 Mon, 27 Mar 2017 07:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191248 Under the VAT regime, liability on works contracts attaches to the value of goods at the time of incorporation, and receipt of consideration does not postpone the charge; deductions under rule 17(1)(e) operate within that scheme, not as a shift in the charging point. Pure labour contracts remain outside VAT, but whether a contract is purely labour or includes material transfer is a factual question. Forfeiture of tax collected at source requires notice and a hearing before action is taken. The same transaction cannot be taxed twice, and protection may be needed where later-year tax payment could overlap with earlier incorporation-based assessments. Case-Laws VAT and Sales Tax Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191248