Why Govt. Have Need of WCT.
Answers were Sorted based on User's Feedback
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 |
Hospital and Telecomunication Service Tax Applicable or Not ?
If any person or company received the service tax amount from client and he purchase a construction equipment / commercial vehicle , than can he adjusted service tax amount which payable by him agnst excise duty of construction equipment / commercial vehicle as per following condition:- 1. if company involve in only construction activity. 2. If company involve in construction and manufacturing activity both.
Under which head depreciation will come?
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