State Act
5-B
Section 5-B. Levy of tax on transfer of property in goods (whether as goods or in some other form) involved in the execution of works contracts.
THE KARNATAKA SALES TAX ACT, 1957
Act no. 25 of 19571957In forceKarnataka (State Act)
1[5-B. Levy of tax on transfer of property in goods (whether as goods or in some other form) involved in the execution of works contracts.- Notwithstanding anything contained in sub-section (1) or 2[sub-section (3) or sub-section (3-C) of section 5, but subject to sub-section (4), (5) or (6)]2 of the said section, every dealer shall pay for each year, a tax under this Act on his taxable turnover of transfer of property in goods (whether as goods or in some other form) involved in the execution of works contract mentioned in column (2) of the Sixth Schedule at the rates specified in the corresponding entries in column (3) of the said Schedule.