https://www.taxtmi.com/caselaws?id=447099 A composite hotel construction contract involving both materials and services was treated as a works contract because the agreement and debit notes showed transfer of property in goods alongside construction activity. The Tribunal also held that the works contract composition benefit was available even without a separate written option in a prescribed format, as payment at the composition rate and disclosure in the returns amounted to sufficient compliance. On that basis, the demand based on alleged misclassification and short payment was not sustainable, and the related interest and penalty also fell. en-us Fri, 01 Dec 2023 00:00:00 +0530 Tue, 19 Dec 2023 09:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447099 A composite hotel construction contract involving both materials and services was treated as a works contract because the agreement and debit notes showed transfer of property in goods alongside construction activity. The Tribunal also held that the works contract composition benefit was available even without a separate written option in a prescribed format, as payment at the composition rate and disclosure in the returns amounted to sufficient compliance. On that basis, the demand based on alleged misclassification and short payment was not sustainable, and the related interest and penalty also fell. Case-Laws Service Tax Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447099