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Dear All Please tell me, what is the MIS and what is the work in MIS?
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Dear all,

I am working for a real estate developing company, we are developing commercial complex at Madhapur, Hyderabad, we have awarded the civil works contract including WCT to NCCL, while payment made to NCCL against their respective RA bills we are deducting WC Tax @2.8% on certified bill and paid the same to Commercial Tax Dept, Srinagar Colony on behalf of NCCL, where NCCL has been registered under this circle.

from 01.02.11 we have registered with AP VAT act under Madhapur Circle where our office located under this circle, presently we are purchasing steel, cement, and other items for our site execution we are getting input tax and there is no sales hence there is no out tax

here my query is that we are availing of input tax benefit for purchases but we are paying work contract tax to the department.

our input tax more than work contract tax paid,

here my request is that any body please clarify me that we will adjust the input tax against work contract tax paid to the government

my email id:
Dear All, Please clarify Work Contract Tax how to prepare & payment details, Rate Due Date Please give all procedures of WCT in AP Thanks & regards E.Praveen
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