Tanya gupta
Quick Summary
Is complications in the Works Contract resolved yet? One of the most disputed or major areas of concern for both taxpayers and authorities in the earlier regime was works contract. In simple terms, it means a contract that has both the elements of good as well as service and which is undertaken for the construction, etc of immovable property. Earlier this was the tricky area because it was taxed under both VAT and service tax as a good and service respectively and also a works contract
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