Court Clarifies GST and VAT Applicability for Works Contracts Started Before July 1, 2017, with Partial Completion or Payment.

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Full Text of the Document

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....Applicability of GST Act - works contract commenced prior to 01.07.2017 and completed partially before 1.7.2017 or payment received partially before 1.7.2017 - Scope of the contract - inclusive of tax / exclusive of tax - Revenue authorities directed to determine the amount of VAT payable for the period prior to 1.7.2017 and GST payable for the subsequent period as per relevant VAT / GST law - HC....