Why Govt. Have Need of WCT.

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why charges PURCHASE @ 15 % TAX RATE ?

1643


What is the Procedure of Import & Export

1662


can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case

2338


My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?

1806


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1455






In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in

1430


what do u meant by investment banking

1843


Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

1751


How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)

1537


what diff. between Account ,Commerce and Finance?

1873


What is the procedure to take modvat and its form number

2065


What is the date of depositing entry tax and submission of return?

1901


What is VAT TDS? when it is applied & at what rate?

1237


What is export under ribet notification number

1814


We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.

2177