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Why Govt. Have Need of WCT.
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Answer / pramod shukla`
WCT means tax against works contract
if 4% laibilites the contractee to pay amounts against
contract form contractor.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / atul nema
1. To streamline the vary complex Indirect tax gemut and
make prices competitive so enterprises can complete with
International players.
2. Reduce government cost on account of revenue collection.
3. To establiesh a efficient tax system with automated
crossed tally of taxes.
4. Reduce the incident of tax escaping.
| Is This Answer Correct ? | 2 Yes | 0 No |
excise duty receivable is current asset and does not include in purchase value ?
what is the amount of t.d.s if one get 4000/- monthly from a company on behalf of consultancy charges.
What is TCS? On Which it is Computed.
WHAT IS TIN
assume we have a loss for the last finacial year ,when we are calculating income tax for this year how would be affected last year loss
is WCT applicable one time? and what will be rate of WCT in UP State?
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?
What is the differance between Direct Tax and Indirect Tax?
I am register delear in Maharashtra state, I sold pulses to a register delear in Andrapradesh state. In Andra state tax is applicable on pulses, but in Maharashtra pulses are tax free, So I have to take "c" form from buyer party or not ?
Can a Company can issue C Forms in Advance to the seller (Other than govt.dept.)
We have received Bills of Aug-2008 for contract charges. I have passed the bills in Dec-2008. So, we will pay intrest on tds or not?
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