What is the % of WCT under VAT Rules in Delhi?
Answers were Sorted based on User's Feedback
Answer / jitender rawat
WCT @ 12.5% on 85% of basic value.
Service tax @ 10.30% or 33% of basic value.
| Is This Answer Correct ? | 26 Yes | 26 No |
Answer / ashish sharma
On 80% of Sales Amount: VAT@12.5%
On 33% of Sales Amount: Service Tax@12.36%
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / mithilish kumar
4% for unregistered contractor this is 2 % in case of government approved.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / akhilesh thakur
Rate of WCT vary upon the circumstances of the contract. If
the rate for material supply and erection (Manpower Job)
has been shown separately in the contract and contractor
having registered in the department as a composite dealer,
in that case the contractor shall charge the applicable VAT
rate on the item supplied instead of WCT. However, if the
contractor not registered as a composite dealer or the
rates are not shown separately in the contact for material
supply and erection (Manpower Job), in that case,
contractor have to charge WCT @ 4% after excluding the
Amount of Service Tax @ 4 % on the total bill value.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / niranjan sharma
wct % in delhi vat Rules is that with vat no provide then 2%
other wise 5% in new vat charge
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / anil kumar
Simple -
12.5% on 80% of the sales Value
12.36% on 33% on the Sales Value
Over All impact will be 14.08 approx
| Is This Answer Correct ? | 39 Yes | 56 No |
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