TMI BlogLevy of value added tax (VAT) from main contractor where as works contract was executed by the Sub...Levy of value added tax (VAT) from main contractor where as works contract was executed by the Sub contractor - demand of tax on the amount retained as profit by the main contractor - since there was no sale of material, tax cannot be levied - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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