Karnataka Sales Tax Rules, 1957

The Supreme Court examined whether iron and steel reinforcement used in building works contracts retains its identity as "declared goods" under the Central Sales Tax Act, 1956, and consequently whether it is taxable at the restricted 4% rate prescribed in Section 15. The Court held that the 46th Constitution Amendment …

Larsen & Toubro Ltd., a contractor, executed works contracts and assigned portions of the work to registered sub‑contractors who paid sales tax on their own turnover. The issue was whether the payments made to these sub‑contractors should be included in L&T's total turnover for computing turnover tax under Section 6‑B …

M/S Craft Interiors Ltd., a dealer in interior decoration, claimed deductions under Rule 6(4)(m)(i) of the Karnataka Sales Tax Rules for goods purchased from registered dealers and used in works contracts in the same form. The assessing authority denied the deduction, issuing provisional assessment notices under Sectio…