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works contract tax act

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(Querist)
05 May 2010 we are security agency and we would like to know whether WCT act applicable to us
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
05 May 2010 I presume that the query is about tax on works contract.

Tax on transfer of goods/materials during execution of works contract, is sometimes referred to as Works Contract.

Since no material/goods are involved during the course of providing Security Agency Service, WCT not applicable.
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