https://www.taxtmi.com/caselaws?id=444499 A works contractor claimed exemption on the ground that cement and steel used in execution of the contract were supplied by the contractees and had already suffered tax. The court record showed, however, that the value of those materials was deducted from amounts payable to the contractor, and there was no reliable evidence that the goods had in fact borne tax in the contractees' hands. Applying the deemed sale concept under Article 366(29A) and single-point taxation principles, the Tribunal held that where goods used in a works contract have not suffered tax, the taxable turnover is assessable in the contractor's hands. The assessee therefore failed to establish prior tax incidence and was not entitled to exemption or relief. en-us Mon, 09 Oct 2023 00:00:00 +0530 Wed, 18 Oct 2023 07:39:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444499 A works contractor claimed exemption on the ground that cement and steel used in execution of the contract were supplied by the contractees and had already suffered tax. The court record showed, however, that the value of those materials was deducted from amounts payable to the contractor, and there was no reliable evidence that the goods had in fact borne tax in the contractees' hands. Applying the deemed sale concept under Article 366(29A) and single-point taxation principles, the Tribunal held that where goods used in a works contract have not suffered tax, the taxable turnover is assessable in the contractor's hands. The assessee therefore failed to establish prior tax incidence and was not entitled to exemption or relief. Case-Laws VAT and Sales Tax Mon, 09 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444499