works contrat tax
This query is : Resolved
Ginny Hasija
(Querist)
07 February 2011
What is works contract tax??which persons are liable to pay?also,what are its rates applicable?
CMA Ramesh Krishnan
(Expert)
07 February 2011
Works contract is a type of VAT, where the sales involves both Material & labour portion, then Work contract is applicable, also Work contract service under service tax categary is there
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Ginny Hasija
(Querist)
08 February 2011
Thanks a lot sir,but i also want to know the rates applicable?
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