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.

28 August 2013 Actually it is a vast concept ,,
.
.
you may get some gist on topic here,,

https://www.dateyvs.com/faqs-on-works-contract-service/


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