https://www.taxtmi.com/article/detailed?id=15358 Tax on the transfer of property in goods involved in a works contract is triggered when materials used in performance (for example ink and chemicals) are incorporated into the finished product; the taxable event is a deemed sale at the moment of incorporation and the value of the goods for tax purposes is their value at that time, even if the goods are consumed or chemically altered during execution. en-us Thu, 06 Nov 2025 08:48:07 +0530 Thu, 06 Nov 2025 08:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15358 Tax on the transfer of property in goods involved in a works contract is triggered when materials used in performance (for example ink and chemicals) are incorporated into the finished product; the taxable event is a deemed sale at the moment of incorporation and the value of the goods for tax purposes is their value at that time, even if the goods are consumed or chemically altered during execution. Articles Value Added Tax - VAT and CST Thu, 06 Nov 2025 08:48:07 +0530 https://www.taxtmi.com/article/detailed?id=15358