I want to know, that who paid WCT means who accept the burden of WCt and why........plz describe in details Satya beer singh
WCT stands for Works contract tax.
It has been discontinued in the 4 states named Andhra Pradesh, Haryana, Delhi & UP.
Works contract tax leviable on the transfer of property in goods in execution of works contract is taxable in all th states.
In fact WCT is now included in VAT.
The service was introduced on 16.5.2007 that time the rate of tax is 2%
but subsequently government has amended and now the rate is 4% on whole value of construction
ATUL CHADHA
9999004060
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™