https://www.taxtmi.com/forum/issue?id=112006 Whether a transaction qualifies as a Works Contract depends on whether the supplier delivers a finished product to the buyer that is not sold in the market to others; inclusion of labour charges alone does not determine status. Establishing applicability of state VAT, works contract tax or service tax requires factual detail on the nature of the supply, destination and resale intent of the finished goods, invoice composition, and contractual terms. en-us Fri, 02 Jun 2017 12:02:44 +0530 Thu, 23 Jan 2025 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112006 Whether a transaction qualifies as a Works Contract depends on whether the supplier delivers a finished product to the buyer that is not sold in the market to others; inclusion of labour charges alone does not determine status. Establishing applicability of state VAT, works contract tax or service tax requires factual detail on the nature of the supply, destination and resale intent of the finished goods, invoice composition, and contractual terms. Discussion-Forum Service Tax Fri, 02 Jun 2017 12:02:44 +0530 https://www.taxtmi.com/forum/issue?id=112006