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?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Taxation Interview Questions

Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?

0 Answers  


What do you mean by vat, vat registration total cost hydra bad in which places

0 Answers  


what is the objective of business taxation in private company?

0 Answers   Reliance,


What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)

0 Answers  


what is the due date to submit of pf return file ?

5 Answers  






procedure of service tax

0 Answers  


I want to know the Taxation entries manually like(TDS,VAT, Excise duty, Income tax, statutory payment entries)

1 Answers  


interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.

0 Answers  


how many form used in sales tax return from begining to ending?

0 Answers   Otis,


what is the rate of (194h) TDS

6 Answers  


If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

0 Answers  


please Clarify between TR-6 and gar-7 challan.

26 Answers   Alps, Simran International,


Categories