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1996 (9) TMI 510 - SC - VAT and Sales TaxLiability to payment of tax on the transfer of property in goods involved in the execution of works contract and rate thereof Held that:- Appeal dismissed. An agreement with the conclusion reached by the Tribunal that "having considered all aspects of the matter, a sale within the meaning of section 2(g) of the 1941 Act, namely, a transfer of property in goods supplied by the owner/contractee to the contractor for use in the execution of a works contract takes place in the cases under our consideration, when such goods are actually used in the construction work provided prices of such goods are deducted from or adjusted against bills or dues of the contractor. Thus we do not think there is any case for interference under article 136 of the Constitution.
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