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...

When VAT 14.5% is applicable and when Work contract tax 4%
is applicable? Is both are same?

Answer Posted / satpal nalavade

Vat is applicable for sale of products or goods. WCT is
applicable on execution of building material or other
construction workds like road, builing, dam construction.

applicable tax rate is depend upon related product tax
schedule.

Is This Answer Correct ?    26 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

is there easy guide for the latest India tax & accounting information for 2010?

1955


what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5569


what is form requirment for monthly, quartely, and yearly sale return for haryana

2084


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

2056


what data require for liability calculation under work contract tax composition scheme and regular method.

2041


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1782


vat return dates for uttrakhand

2567


WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

1744


calculation of Tds on subcontractor

2386


WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT

2188


what is the difference between vat 100 and vat 120?

2415


sub hadding no. scrap & Wastage in corrugated box

2115


THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?

2161


what do you mean by cenvat? and in which is liable?

3133


please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales

1819