News Bulletinby Shashank

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  Decoding works contract- In service tax.

  Hey guys, do you know what is a works contract? Although it is an easy concept, still people find it difficult to understand. In this article, we have tried to explain in simple english what a works contract really is. A works contract is one under which there is a transfer of goods as part of a service contract. This is common during contracts involving repair, renovation and installation of heavy infrastructure. For ex- A person has asked a con ...

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