Public works
This query is : Resolved
dhurba raj
(Querist)
21 May 2014
just want to know the procedure or diffent kinds of taxes deducted from contractors bills and departmental work bills please i want to clear doubts help thank you
CA. Amit G. Chandani
(Expert)
22 May 2014
TDS @ 1% or 2% and WCT (rates varies from state to state)
Rupesh Jain
(Expert)
23 May 2014
tds u/s 194C @ 1% for individual / HUF
and 2% for other.
WCT if contract for material and labour work both given in single contract. otherwise not required for WCT.
rate of wCT depend on state VAT ACT like in Haryana rate is 4.20% of bill value.
and if value of contract is upto rs. 1 lacs no WCT applicable.
and 2% for other.
WCT if contract for material and labour work both given in single contract. otherwise not required for WCT.
rate of wCT depend on state VAT ACT like in Haryana rate is 4.20% of bill value.
and if value of contract is upto rs. 1 lacs no WCT applicable.
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