Court Clarifies GST and VAT Applicability for Works Contracts Started Before July 1, 2017, with Partial Completion or Payment. https://www.taxtmi.com/highlights?id=70102 Applicability of GST Act - works contract commenced prior to 01.07.2017 and completed partially before 1.7.2017 or payment received partially before 1.7.2017 - Scope of the contract - inclusive of tax / exclusive of tax - Revenue authorities directed to determine the amount of VAT payable for the period prior to 1.7.2017 and GST payable for the subsequent period as per relevant VAT / GST law - HC en-us Fri, 02 Jun 2023 14:27:32 +0530 Sat, 03 Jun 2023 11:42:00 +0530 TaxTMI RSS Generator Court Clarifies GST and VAT Applicability for Works Contracts Started Before July 1, 2017, with Partial Completion or Payment. https://www.taxtmi.com/highlights?id=70102 Applicability of GST Act - works contract commenced prior to 01.07.2017 and completed partially before 1.7.2017 or payment received partially before 1.7.2017 - Scope of the contract - inclusive of tax / exclusive of tax - Revenue authorities directed to determine the amount of VAT payable for the period prior to 1.7.2017 and GST payable for the subsequent period as per relevant VAT / GST law - HC Highlights GST Fri, 02 Jun 2023 14:27:32 +0530 https://www.taxtmi.com/highlights?id=70102