Taxand India Supreme Court Judgment in L&T Case Webinar
In a landmark judment in the L&T case, the Supreme Court has upheld the powers of state Governments to levy VAT on the sale of apartments / commercial buildings under construction.
While this has laid down a clear position on the applicability of VAT in such cases, it also opens up a host of implementation issues for the state and developers alike.
To understand the far-reaching effects of this judgment, many of you joined us on a conference call.
Mahesh Jaising, Partner, Taxand India
Prashanth Bhat, Director, Taxand India
T. +91 80 4032 0060