15 February 2013
The provisions of this section will not cover contracts for sale of goods: Since VAT Charged. Where, however, the contractor, undertakes to supply any article or thing fabricated according to the specifications given by Government or any other specified person and the property in such article or thing passes to the Government or such person only after such article or thing is delivered, the contract will be a contract for sale and as such outside the purview of this section.
15 February 2013
in bill labour portion is not specified, the party however has entire responsibility for both production as well as display of hoardings
15 February 2013
In case the hoardings space and boards etc are provided by you and the vendor has simply prepared hoarding in the sense of paining, installing etc. then it will be a works contract and VAT may not be applicable and TDS will apply. The nature and character of the vendor is important. In some situations if there is composite amount it may involve professional fees ( for preparing designs), works contract and supply of goods. So check with full facts.
15 February 2013
no sir no type of material is provided by the client to the party. the party acquires material on its own and prepares the hoardings banners etc.
15 February 2013
the client asks the party to prepare flex board, hoarding and other type of advertising material. the client in the sense just places the order with the party and passes the bill charging vat
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