Kerla vat wct


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 March 2015 What is new tax rate for works contract
form 01-04-2015 for dealers having CST and with out CST ?

21 March 2015 a) 7 % of the whole contract amount if having CST also. It is 5% if the contract is awarded by govt of Kerala, KWA or Local authorities. No need to pay section 6(2) tax.

b) 4 % of the whole contract amount if having KVAT only. Exemption for contract awarded by govt of Kerala, KWA or Local authorities is withdrawn . No need to pay section 6(2) tax.

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Querist : Anonymous

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23 March 2015 so no charge in the last budget


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