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We are Work Contractor. Presently we are under going a
infrastructure Project of common wealth Games in Delhi. I
want to know that how much wct will be chargeable on this
project work????

we are generally using material like, aggregate, coarse
sand, bricks, rmc, cement and our labour.



We are Work Contractor. Presently we are under going a infrastructure Project of common wealth Game..

Answer / ankit jain

plz refer to Gannon Dunkerly v. st of Rajasthan SC
Judgement in 1992, wherein there are 8 heads under which u
can calim expendiyture as ur deductionfrom total contract
value. Moreover, it is a state subject, therefore, it
depend on the state law, what is actually allowed.

Example in haryana, It is upto 33% of total value of WC.
You can also opt for composite tax wherein no deductions
are allowed and u simply pay tax at 2% on total
contractvalue

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