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Wct

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(Querist)
18 December 2014 please explain about WCT and where wct is applicable & rate of %
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 December 2014 WCT is works contract tax. In a work where material and labour is involved it is called works contract. WCT is presently at 5% may differ between states.
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Rupesh Jain

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Rupesh Jain (Expert)
19 December 2014 wct on work contract with material and labour tds under sales tax act in Haryana it is @5.25% if contract value exceeds rs. one lacs in a year.
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