Whether wct be eligible as a sett-off/credit ??

Yes... if any of Your Client Deducting Wct they will Issue C-II Certificate on Quarterly Basis and You can Claim it as a Input Credit.... it is Just Like TDS on Income.

Wct Rate is 4% in Bihar

Thanks

Originally posted by : Sonu Kumar
	Yes... if any of Your Client Deducting Wct they will Issue C-II Certificate on Quarterly Basis and You can Claim it as a Input Credit.... it is Just Like TDS on Income. Wct Rate is 4% in Bihar Thanks

Thanks for the reply !!!!!!!

Yes our client has deducted WCT @ 2% In Maharashtra. Do You have any notification /Circular / Rule copy please.................. i'll need to send it to our Auditor !!! Please do help if you can provide !!!!!!!!!!!!!!!!!!! pl..

It Should be Written on LOA Copy.... you May Produce it to Auditor

Thanks