Whether wct applicabe or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2012
Dear Sir
We have given comprehensive AMC to our vendor .Where he has to supply material along with job work.In his proforma invoice he is leving both Service tax (12.36% on assessable value)& CST 12.50% (ON 60% of assessable value). Pls clarify whether wct is applicable in this case if yes then how much.
We have given comprehensive AMC to our vendor .Where he has to supply material along with job work.In his proforma invoice he is leving both Service tax (12.36% on assessable value)& CST 12.50% (ON 60% of assessable value). Pls clarify whether wct is applicable in this case if yes then how much.
Amol S Joglekar
(Expert)
02 August 2012
Yes. It is a good case of works contract. Service tax, he needs to levy on 40% of the value.
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
- GST input credit on commercial property
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- GSTR-9C filing
- TDS on Dashcam rent and allied services
- Import Order Cancelled.
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- ETDS return q4 25-26
- Capital Gains Tax on Inherited Mutual Fund
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
