https://www.taxtmi.com/highlights?id=72581 Payment of tax at compounded rates - Levy of VAT / Tax on immovable property or works contract - The imposition of tax on the whole contract value, the State cannot be seen as imposing tax on the sale of immovable property; on the contrary, it has to be seen as levying tax on the works contract undertaken by the petitioner, albeit on a value that stood enhanced by the cost incurred for the completed construction. - HC en-us Tue, 17 Oct 2023 09:24:10 +0530 Tue, 17 Oct 2023 09:24:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72581 Payment of tax at compounded rates - Levy of VAT / Tax on immovable property or works contract - The imposition of tax on the whole contract value, the State cannot be seen as imposing tax on the sale of immovable property; on the contrary, it has to be seen as levying tax on the works contract undertaken by the petitioner, albeit on a value that stood enhanced by the cost incurred for the completed construction. - HC Highlights VAT and Sales Tax Tue, 17 Oct 2023 09:24:10 +0530 https://www.taxtmi.com/highlights?id=72581