Why Govt. Have Need of WCT.
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Answer / pramod shukla`
WCT means tax against works contract
if 4% laibilites the contractee to pay amounts against
contract form contractor.
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Answer / atul nema
1. To streamline the vary complex Indirect tax gemut and
make prices competitive so enterprises can complete with
International players.
2. Reduce government cost on account of revenue collection.
3. To establiesh a efficient tax system with automated
crossed tally of taxes.
4. Reduce the incident of tax escaping.
| Is This Answer Correct ? | 2 Yes | 0 No |
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