contract treating it as a sale. This was on the premise that the
works contract was a composite contract which is inseparable and indivisible ... concept of works contract as being a separate subject-matter of taxation. By the said
amendment works contract, which were indivisible and composite were split
correct in their
submission that a works contract is a separate species of
contract distinct from contracts for services simpliciter
recognized by the world ... there. The Contracts of their
Firm are work contract/ turnkey contracts where primary
objective is supply of goods. The Turnkey Contracts are
indivisible contracts, where
divisible while the one involved in Daelim case was indivisible. The indivisibility of the contract considered in Daelim case was noted and distinguished ... contract, the Tribunal found that assessee's contract with IOC was a works contracts on turnkey basis and not a consultancy contract. Further
split the contract into supply contract, erection contract
and civil contract;
- It is an accepted practice for the parties to the contract to enter
into ... composite
contracts, viz., works contracts [clause [b]], hire-
purchase contracts [clause [c]], and catering contracts
[clause [f] by legal fiction to be divisible contracts
where
split the contract into supply contract, erection contract
and civil contract;
- It is an accepted practice for the parties to the contract to enter
into ... composite
contracts, viz., works contracts [clause [b]], hire-
purchase contracts [clause [c]], and catering contracts
[clause [f] by legal fiction to be divisible contracts
where
best the contracts can be said to be composite
contract for supply of the goods and services, rather than work
contract. In case of Larsen ... correct in their
submission that a works contract is a separate species of
contract distinct from contracts for services simpliciter
recognized by the world
execution of
the works contract, whether or not supplied under the same
contract or any other contract, after deducting -
(i) the amount charged for such ... correct in their submission
that a works contract is a separate species of contract distinct
from contracts for services simpliciter recognized by the world
best the
contracts can be said to be composite contract for supply of
the goods and services, rather than work contract. In case of
Larsen ... correct in their submission
that a works contract is a separate species of contract distinct
from contracts for services simpliciter recognized by the world
best the
contracts can be said to be composite contract for supply of
the goods and services, rather than work contract. In case of
Larsen ... correct in their submission
that a works contract is a separate species of contract distinct
from contracts for services simpliciter recognized by the world
best the
contracts can be said to be composite contract for supply of
the goods and services, rather than work contract. In case of
Larsen ... correct in their submission
that a works contract is a separate species of contract distinct
from contracts for services simpliciter recognized by the world
