Wct query.....( please help...urgent)
This query is : Resolved
07 November 2014
Dear All,
One of my client got a contract of Rs. 100 from a government department for supply & installation of machinery. As per the contract Rs. 80 are for supply of machinery and Rs. 20 are for labor.
Now the department is saying that wct @6% will be deducted on Rs. 100. Our point is that since the contract is in two parts..one for supply and one for labor,therefore, wct not applicable.
Please Help
Amit Jain
One of my client got a contract of Rs. 100 from a government department for supply & installation of machinery. As per the contract Rs. 80 are for supply of machinery and Rs. 20 are for labor.
Now the department is saying that wct @6% will be deducted on Rs. 100. Our point is that since the contract is in two parts..one for supply and one for labor,therefore, wct not applicable.
Please Help
Amit Jain
07 November 2014
What is split is the activity and NOT the contract. The contract is one, as a whole. The crucial test would be are you able to SELECT any one of the two as per your WISH?
I think department is correct in calling it a works contract.
I think department is correct in calling it a works contract.
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
- Opting our of sec 44AD
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding appeal to GSTAT
- Multiple trade mark
- Value of property in capital gain
- Copyright software
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
