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VAT - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Valuation - works contract - profit earned by the Contractor to ...


Valuation of Works Contracts: Deducting Profit from Labor and Services Under VAT and Sales Tax Laws.

July 3, 2014

Case Laws     VAT and Sales Tax     HC

Valuation - works contract - profit earned by the Contractor to the extent it is relatable to supply of labour and service + profit attributable to labour and like charges are separate permissible deductions - HC

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