Under DVAT ABC is a "company" which has taken contract from Delhi state govt department and subcontracted part of work to XYZ. Where ABC is under composition scheme and XYZ is under normal scheme. Govt deducts 3% WCT from payment to ABC towards vat.Whether subcontractor is liable to pay WCT vat on his turnover though the main contractor has already discharged tax liability on entire turnover? What is the mechanism ?

1 Answers   ICA,

---

IF 7th is Sunday, can we pay the TDS on 8th?

6 Answers  

---

scrap material value 5000/- vat rate is 5%+tcs. now my question is 1.how much value of tcs & vat. 2.after taxable value add vat or add tcs (before vat or tcs) & how much value of vat & tcs. Plz reply me

2 Answers   Mesco, Navayuga,

---

What is the diff between Comercial tax and sales tax?

2 Answers   Idea,

---

What are the types of provident funds?

0 Answers  

---

---

How the dealer is paying Admitted Tax?

2 Answers  

---

what is the diffrence between tds and vat?

16 Answers   Accenture, GMR, Tata Lockheed Martin Aerostructures,

---

What is the different between Excise Invoice and Invoice

0 Answers  

---

what do you mean by fringe benefit tax???

4 Answers  

---

In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

0 Answers   NSCI,

---

why use diff vat forms like vat51 vat3 why

0 Answers  

---

Definitions of paid up capital ,authorized capital ,issued capital ,share capital

1 Answers  

---