Gujarat work contract scheme 2014 for civil contractors

Gujarat government has introduced gujarat work contract scheme 2014  for civil work contractors and developers through budget 2014 vide notification GST-1014-884-VAT CELL dated . It is covered under section 41 of Gujarat Vat. Reason for the gujarat work contract scheme 2014 : In judgement of larson and turbo case, honable supreme courte has cleared the point that transfer of immovable property in contrustruction work  is taxable as deemed sale. Who can get benefit? Registered or unregistered dealer under gujarat vat can avail the scheme. Civil contractor can take the benefit of the scheme. The dealer who is under processing...

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