https://www.taxtmi.com/caselaws?id=759960 A BOT arrangement for construction, strengthening, maintenance and operation of a bypass road was treated as a works contract because the agreement involved execution of construction on State land, transfer of property in goods in the course of performance, and recovery of project cost through toll collection as deferred consideration. The wide definitions under the Commercial Tax Act and the Entry Tax Act captured the transaction, and the BOT or concession label was not decisive. The arrangement was therefore held liable to commercial tax and entry tax, with substance prevailing over nomenclature. en-us Fri, 04 Oct 2024 00:00:00 +0530 Fri, 11 Oct 2024 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759960 A BOT arrangement for construction, strengthening, maintenance and operation of a bypass road was treated as a works contract because the agreement involved execution of construction on State land, transfer of property in goods in the course of performance, and recovery of project cost through toll collection as deferred consideration. The wide definitions under the Commercial Tax Act and the Entry Tax Act captured the transaction, and the BOT or concession label was not decisive. The arrangement was therefore held liable to commercial tax and entry tax, with substance prevailing over nomenclature. Case-Laws VAT / Sales Tax Fri, 04 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759960