Hi All,
Could you please confirm What will be rate of VAT in WCT since the changes in service tax rates are effected W.e.f 01.04.2012
Waiting for yours valuable reply
Thanks in advance
Pramod sapkal.
Pramod sapkal (serviices) (20 Points)
13 April 2012Hi All,
Could you please confirm What will be rate of VAT in WCT since the changes in service tax rates are effected W.e.f 01.04.2012
Waiting for yours valuable reply
Thanks in advance
Pramod sapkal.
Sunil Kumar G
(AGM Taxation)
(373 Points)
Replied 13 April 2012
There is no particular impact in VAT In Maharashtra but Rate of tax deduction at source has been increased from 4% to 5% on works contracts executed by dealers not registered under the Maharashtra Value Added Tax Act, 2002.
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