TDS on Works contract tax

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want to know, whether TDS on WCT needs to be decucted, if contractor is charging CST in his bill.

Replies (3)

 

As per provision of Clause II of Subsection (g) of Section (2) of CST Act the transfer of property in goods is a sale.

 

Hence   when the work contract is Interstate in that case the transaction is WCT & Tax Shall be charged CST But as per provision of State Law, the contract price fall under specified sale price the TDS WCT should be deducted.

 

Ganatra

M- 9879604669.

I want to know  whether TDS on WCT deducted on Advance payment ? while it consider as part of contract? or give some other possibilities regarading this issue?

NO, WCT TDS NOT TO BE DEDUCTED ON ADVANCE AS THERE IS NO TRANSFER OF PROPERTY IN ADVANCE PAYMANT.


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