What is WCT? On Which it is calculated?

Answer Posted / sai

WCT work contract Tax which is charge by contractor when the contractor use their own material along with labour charges. at that time the contractor libale for WCT

Is This Answer Correct ?    51 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.

2104


What is Form 12A & Form-H and where is applicable.

4094


Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

2692


If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??

984


We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?

1472






what is WCT rate in chhattisgarh

2915


What is the procedures for withdrawing of form C?

1754


what the procedure of filing mvat pls. explain in briefly ?

1767


what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)

1602


WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX

3295


HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)

1619


What is the difference between Indian and us taxation

2178


What is the SEZ formalties in cement Industry?

2047


what is cenvet credit in vat.

5779


if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

948