27 December 2009
what is works contract tax. what is the rate of WCT and due date of payment of WCT. whether it is applicable in case of all contractor and in all states of India.
27 December 2009
this question is relating to sales tax actually.
It is same as sales tax on transfer of property involved in the execution of any work contract.
it vary state to state on the basis of nature of goods involved. same for due dates. In some states it a part of Sales Tax (VAT) Act (MP& CG). and in some cases (Maharashtra) there is a separate legislation governing this tax.
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