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VAT - Highlights / Catch Notes

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Levy of VAT on works contract - Exclusion of Prime Location ...

VAT and Sales Tax

October 10, 2023

Levy of VAT on works contract - Exclusion of Prime Location charges - By definition, ‘works contract’ does not include preferential location. Therefore the Revenue rejecting assessee’s request to exempt PLC/FRC from payment of KVAT is not sustainable in law. - HC

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