Taxes for work contracts
Jayesh (Manager) (24 Points)
12 June 2016Jayesh (Manager) (24 Points)
12 June 2016
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 12 June 2016
Sri Harsha
(Student)
(5 Points)
Replied 12 June 2016
Hai harshal totla once can you clarify my doubt that what is that 75% related to? And the service tax wil it be chargable only on 40% of work? What does WCT mean?
DEEPENDER AGGARWAL
(CA)
(28 Points)
Replied 12 June 2016
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 12 June 2016
Sri Harsha
(Student)
(5 Points)
Replied 12 June 2016
So here he is leaving that 75% and he is charging serivce tax 15% on only 40% of work am i right?
Sri Harsha
(Student)
(5 Points)
Replied 12 June 2016
So here he is leaving that 75% and he is charging serivce tax 15% on only 40% of work and remaining % is for charges as u explained am i right?
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 12 June 2016
Sri Harsha
(Student)
(5 Points)
Replied 12 June 2016
Yeah i have seen the list where u've mentioned so allo those will cover under WCT and on remaining % the service tax will be now am i right pls?
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 12 June 2016
karan jit singh
(Consultant)
(1299 Points)
Replied 13 June 2016
Originally posted by : Sri Harsha | ||
Yeah i have seen the list where u've mentioned so allo those will cover under WCT and on remaining % the service tax will be now am i right pls? |
Agree with reply of Harshal Totla
Regards
Karanjit Singh | +91-7503588224
Read more at: /forum/kkc-applicability-at-glance-361370.asp