Works contract under composition scheme of KVAT doesn’t include value of land

Fortious Infradevelopers LLP Vs Additional Commissioner of Commercial Taxes (Zone)-1 (Karnataka High Court)

Karnataka High Court held that total consideration under composition scheme doesn’t include amount received from customer towards land. Thus, consideration for works contract under composition Scheme of KVAT doesn’t include receipt for land cost.

Facts- Appellant-Assessee is a Limited Liability Partnership (LLP) engaged in the business of executing civil works, building residential & commercial complexes and performing other allied works.

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