WCT on Construction of Building
This query is : Resolved
29 November 2007
What is the conditions to charge Work Contract Tax (W.C.T.)?
If Company is liable to pay Service Tax @ 2 % under 'The Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007'
Whether Company also liable to pay WCT ?
If Company is liable to pay Service Tax @ 2 % under 'The Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007'
Whether Company also liable to pay WCT ?
30 November 2007
WCT (Works Contract Tax), which is a part of VAT is chargeable on transfer of property of goods in execution of works contract as a deemed sales.
Service tax is applicable on the service provided in works contract.
Dealers are liable in both the act.
Service tax is applicable on the service provided in works contract.
Dealers are liable in both the act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- Condonation . E-Verification of last year return .
- FTS Taxable under 115A
- Rental income gst and it purpose
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
