Goods and Services Tax : Treating all works contracts as services at 18% ignores their composite nature. The key takeaway is that uniform taxation can pena...
Corporate Law : In this piece, the author will discuss the reasoning behind the exclusion of work contracts from the ambit of MSME along with the ...
Goods and Services Tax : Attempting to understand if there is a refund of unutilised ITC on Works Contract for Construction Services under the GST regime? ...
Goods and Services Tax : Stay updated on GST changes effective July 18, 2022, including revised rates for Works Contract Services. Explore amendments to Re...
Income Tax : Understanding Income Tax implications in unregistered Joint Development Agreements (JDA). Explore the tax challenges pre-Finance A...
Goods and Services Tax : We are happy to inform that the Last Workshop in the above series is being organised on the following Themes: Audit, Investigation...
Goods and Services Tax : Karnataka High Court's ruling on Prime Location Charges (PLC) and Floor Rise Charges (FRC) under KVAT Act, their exemption from ta...
Goods and Services Tax : Since the question of whether the transactions in issue constitute works contracts or sales would involve an examination of the co...
Service Tax : CESTAT held that no Service Tax could be levied on construction of residential complexes prior to 01.07.2010 even when service is ...
Service Tax : Ram Sewak Tiwari Vs Commissioner of Customs, Central Excise & Central GST (CESTAT Delhi) The issue in the matter is about the ...
Goods and Services Tax : Works contract for fitting out or implanting of prosthetics into the physiology or the body of the patient for alleviation of pain...
Treating all works contracts as services at 18% ignores their composite nature. The key takeaway is that uniform taxation can penalise material-heavy and merit-based projects.
In this piece, the author will discuss the reasoning behind the exclusion of work contracts from the ambit of MSME along with the possible impacts on the work contracts.
Karnataka High Court’s ruling on Prime Location Charges (PLC) and Floor Rise Charges (FRC) under KVAT Act, their exemption from tax, and implications. Learn more.
Since the question of whether the transactions in issue constitute works contracts or sales would involve an examination of the contracts as well as various other factual particulars and such an exercise cannot be undertaken in writ jurisdiction.
CESTAT held that no Service Tax could be levied on construction of residential complexes prior to 01.07.2010 even when service is rendered either as service simpliciter or as a works contract.
Attempting to understand if there is a refund of unutilised ITC on Works Contract for Construction Services under the GST regime? This blog post provides detailed analysis to answer this question.
Stay updated on GST changes effective July 18, 2022, including revised rates for Works Contract Services. Explore amendments to Reverse Charge Mechanism (RCM) on GTA services and residential dwelling units. Get insights on GST rates, compliance requirements, and the impact of recent notifications. Stay GST-compliant and informed.
Ram Sewak Tiwari Vs Commissioner of Customs, Central Excise & Central GST (CESTAT Delhi) The issue in the matter is about the classification as to: whether the services rendered by the appellant are that of Erection, Commissioning and Installation or are of the nature of Works Contract Services. Since the contracts are mentioned to be […]
Understanding Income Tax implications in unregistered Joint Development Agreements (JDA). Explore the tax challenges pre-Finance Act 2017 and the impact of Section 45(5A) introduced to ease hardships for landowners. Stay informed on taxation aspects in property development.
The taxpayer had charged GST at the rate of 18% on the supply and installation of furniture in the government department. However, the government department contention is that GST at the rate of 12% should be charged construing it as Work Contract Service
