Taxation of Works contract has always been a subject matter of litigation because of involvement of both Supply of Goods and Services and it creates
confusion whether it is supply of services or supply of goods.
Source Aswini Pani/Anjali Sharma
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System