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1994 (6) TMI 198 - HC - VAT and Sales Tax
Extract:
.......rofit margin on labour , besides cost of consumables in the execution of works contract should also go in deduction from the total turnover for arriving at the taxable turnover . 69.. All these writ petitions are accordingly disposed of, with no order as to costs. Consequently, all W.M.Ps. are also dismissed. Writ petitions disposed of accordingly.