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wct

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30 December 2010 what is work contract tax ? pleasr give detail
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 December 2010 Works contract tax is part of VAT only. where the dealer dealing with the contract which includes both materials & labour combined, then he need to register dealar as Works contract, WCT rates also different from normal VAT rates. it based on the state it will vary
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hiren

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hiren (Querist)
31 December 2010 thank u sir
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