Rate of WCT / VAT under Composition Scheme

Friends, I am waiting for your valuable response.

Hello Srijesh,

As far as service tax is concern, rate of Service tax is firm in all over India as it is a central govt tax. For VAT you may have to follow Orrisa VAT rules since you are executing work there & your T/O will also declare there. For rate you can check tariff of Orissa VAT act.

Hope I am clear............

Regards

Vijay 

Thanx Vijay

Hi Srijesh

with ref. to your query for WCT in Orissa,let me inform you that in Orissa you will be charging  4% WCT on VAT on the 60% of the  total contract value and WCT on Service Tax @ 4.12% on the total contract value. which means you will charge  total WCT of 8.12% on the total contract value in Orissa.

Hope this will suffice your requirement.

Regards

Kaushal Sanghvi

Dear All

Please find the All India CST/VAT & WCT Rates

Regards

Kaushal Sanghvi

dear All,

i have qurey regarding MVat for outdoor catering business as follow

1. rate of mvat under composite scheme

2. can i take sett off  of Mvat  or not ???? & if yes then how much sett of can i take pls. suggest me

Regards,

Nitin oza

we are registred in odissa vat deler

we are construction the Railway bridfes work at orissa, work awarded by the CLAINT(A)  and that work given to subcontractor (C)

A is Claint           B is our organisation                    C is Sub Contrctor

in this circumestence how to file  WCT vat returns ? 

Thre is not any purchase made from our side.

as per WCT Act on Turnover , 4% on 60% of the turnover is Taxable(2.4% on to tal Turnover)?

shall we show the input vat is nil or what ?

How to arrive the labour cost and service cost for filing returns ?  

Please replay me

Ravindra Kumar Ch

rkchoudhary1977 @ gmail.com

9949018149