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Wct applicable or not - urgent

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Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2011 Dear experts, we have made a contract with a vendor for supplying tea,coffee material and machine on rental basis. vendor will provide us machine and tea,coffee material to us and billing will be done on monthly basis and contract value is more then 2 lacs.

now query is while making payment only tds-194c is applicable with WCT-4% as a deduction or should i only deduct tds part not wct.

kindly advise what to do ?

regards

Ravinder

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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18 August 2011 As there is a contract it falls u/s 194 C and you have to deduct TDS accordingly. What is works contract is to be understood by you. WCT means it is for construction or supply of labour and so many other things.

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