at present WCT (Work contract Tax )is availble? I heard that WCT covert in VAT. some our custmer ask for WCT, Could we charge WCT,without WCT No. we will charge ???? pls help on this matter.
27 November 2009
WCT was in almost all states under the respective state General Sales tax Act. When VAT was introduced WCT is included in the concerned state VAT Act. WCT cannot be charged on the invoice without taking VAT registration. Pl note that there is no separate WCT registration number for dealers.
CAclubindia
