banner_ad

works contract tax under vat

279 views 3 replies
Can any1 share d provisions relating to eligibility, chargeability, taxability, claiming credit & rates of work contract tax under vat. Also state dat whether service tax n tds is applicable on d same? Also which kind of services are covered under dis act?
Plz reply me ASAP...
Thanks in advance,
CA Sudipta Bandyopadhyay.
Replies (3)

Limted knowledge shared here

VAT is applicable on works contract in tamil nadu we have distinction between civil and non civil  and rates are designed accordingly

Service tax applicable on works contract one kind of valuation is on the entire bill 70%  value is taken for charging service tax and 70% value is taken for computing vat 

TDS is applicable under 194c for labour portion based on the threshold limit applicable 

thnks but i also wanna knw d provisions for eligibility of such tax @ 3% & 5%, as well as for claiming credit.
by d way let me specify dat am asking bout west bengal region...

no idea about west bengal tax  but generally input credit is not available for VAT as well as Service tax


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details