Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Why Govt. Have Need of WCT.

Answers were Sorted based on User's Feedback



Why Govt. Have Need of WCT...

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

Why Govt. Have Need of WCT...

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

Post New Answer

More Taxation Interview Questions

if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

0 Answers  


What is difference between Contract and legel and legel and profession service???? I had face this question in interview

0 Answers  


please tell me procedure how to calculate vat if we got vat credit?

2 Answers  


what are the tax exempted allowances?

2 Answers  


How to Calculate the ESI,PF?it is basic Salary or Gross Salary?

97 Answers   ACME, Airtel, ESI, FMCG, GOMS, Goyal Group, Goyal Motors, Gurukul, HCCBPL Hindustan Coca-Cola Beverages Private Limited, InfraTech, Kalanikethan, Nagarjuna Construction, Orchid Manpower, Srishti infrabuild, Wipro,


Central Railway i.e. Central Govt. takes material through works Contract in Maharashtra State.The contractor purchases material from other states say M.P. or U.P. state. Due to inter state purchase of material the contractor is asking for C form. Whether Central Railway is eligible to get C form? Whether we will able to get C Form from Sales Tax Dept. so as to hand over to contractor ?

1 Answers  


What is difference between service tax input credit and Cenvat credit? pl expain it.

1 Answers   Videocon,


How to calculate of WCT of haryana state and what is the effect on Sales Tax, Service Tax & TDS.

2 Answers  


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

0 Answers  


ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes

0 Answers   Microsoft,


TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/SERVICE TAX)?

3 Answers   Progressive,


WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE WITH EXAMPLES

1 Answers  


Categories