Definition of work contract under vat laws after 01 july 201
This query is : Resolved
28 March 2013
Dear Experts,
Greetings!!
Please tell me the definition of work contracts under VAT laws. Whether these have been changed to include Movable Properties??
Since we need to deposit service tax on Repairs & Maintenance on movable properties (provided these are covered under Work Contract) hence issue comes whether liability to Deduct WCT arises??
Please, waiting for the quick response.
Regards, Nitin
Greetings!!
Please tell me the definition of work contracts under VAT laws. Whether these have been changed to include Movable Properties??
Since we need to deposit service tax on Repairs & Maintenance on movable properties (provided these are covered under Work Contract) hence issue comes whether liability to Deduct WCT arises??
Please, waiting for the quick response.
Regards, Nitin
28 March 2013
Yes, the new definition is given under section 65B(54)....
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