Wct
This query is : Resolved
28 August 2013
WHAT IS WCT?, AND WHICH AREA ITS APPLY?. PLEASE EXPLAIN IN DETAILS. ITS REQUEST.
28 August 2013
Works contract tax (WCT) is a tax imposed on a contract for work such as assembling, construction, building, altering, manufacturing, processing, fabricating, installation, improvement, repair, or commissioning of any movable or immovable property.
A transaction is considered a works contract only if the finished product is supplied to a customer and is not sold in the market to any other person.
A transaction is considered a works contract only if the finished product is supplied to a customer and is not sold in the market to any other person.
28 August 2013
Actually it is a vast concept ,,
.
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you may get some gist on topic here,,
http://www.dateyvs.com/faqs-on-works-contract-service/
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.
you may get some gist on topic here,,
http://www.dateyvs.com/faqs-on-works-contract-service/
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