Works Contract Tax, VAT, CST, GST

With Latest Changes

By An Eminent Faculty

The workshop covers concepts of Works Contracts, Interstate Works Contracts, VAT Credits for WC, TDS ( WC ) Provisions , Specific cases of Works Contract tax & Service Tax like AMCs, Construction Contracts etc. 

Also covering overview of proposed Goods & Services Tax ( GST ) and Service Tax with latest updates . Amendments to the CST Act in the Recent Budget. 

Target Audience – A must workshop for

Managers/Senior Executives  from

  • Finance
  • Accounts
  • Commercial
  • Purchase
  • Contractors
  • Sub Contractors
  • Senior Executives at SME’s

Workshop Schedule :

Session 1:

9:30 AM- 11:00 AM

  • What is Works Contract tax? 
  • What is Deemed Sale?
  • Definition of Works Contact tax under D-VAT -Delhi, TN-VAT Act- Chennai, M-VAT Act- Mumbai
  • Basic Concepts of Levy of works contract tax.
  • Divisible & Indivisible Works Contracts.

11:00 AM- 11:30 AM Tea Break

Session 2:

11:30 AM- 1:00 PM

  • Provisions of D-VAT -Delhi, TN-VAT- Chennai, M VAT- Mumbai- & Rules for Works Contract.
  • The 3 Options namely Actual Deduction, Standard Deduction & Composition.
  • Practical Illustrations for all the three options and the Best Option.
  • Availability VAT Credit to both Contractor and the Contractee.
  • The provision of TDS ( WC )
  • Transaction between Main & Sub Contractor.
  • Concept of Fre e Issues under Works Contract .
  • VAT & Service Tax on the same transaction

1:00 PM- 2:00 PM- Lunch Break

Session 3:

2:00 PM- 4:00 PM

  • The Interstate Works Contract under CST Act .
  • Concrete Illustrations of Interstate Works Contracts
  • Sale in Transit ( E-1 Sale ) under the CST Act
  • Sale on High Seas under the CST Act
  • Checklists for Contractors & Contractees
  • Important Judgments under Works Contracts
  • Works Contract Provisions — State wise Comparison
  • Implications of M/s K Raheja Judgment of the Supreme Court
  • The Specific clauses of Sales Tax in the Agreements
  • The Proposed GST in India —- Concept , Changes , Model of GST etc.

Question Answers.


works contract

Mr. S.M. Kulkarni

Vice President- Mahindra & Mahindra Ltd. (Head of Corporate Sales Tax)

  • 30 years of rich experience in corporate management in the Sales Tax
  • function dealing with Sales Tax department and all India Sales Tax functions  for his company.
  • In-charge of VAT implementation in Mahindra & Mahindra .
  • Ex – Chairman indirect taxation committee of Bombay Chamber of Commerce and Industry
  • Convener of Finance & Taxation Panel of CII ( Western Region )
  • Eminent faculty on VAT, Central Sales Tax and Service Tax

Timings: 9:30 am – 4:30 pm , Registration begins at 9:00 am

how to register






  • Fees: Rs. 8,500/- +14 % service tax per person
  • Please write to  / Call -022 66976892
  • Mention the name of participant, company, contact details .
  • Cheque favoring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
  • Fees includes lunch, tea, course material etc.