Can we deduct WCT TDS on Interstate WORKS CONTRACT ,
Example, Contractor is in Banglore, he has completed work
in Mahrashtra which involved Civil work, Furnitures,
fixtures & labour etc, Contractor has raised invoice on
service receiver adding 13.50% full CST +4.12% Service
charges on Total invoice amount, kindly clarify whether
Service receiver is eligible to deduct WCT TDS in
Maharashtra on invoice value of the contractor, if yes at
what rate ?
Answers were Sorted based on User's Feedback
Answer / pankaj naidu
WCT-TDS is not required on Interstate Work Contract.
| Is This Answer Correct ? | 31 Yes | 6 No |
Answer / rajesh
WCT TDS is deducted only Localy and not interstate sales
| Is This Answer Correct ? | 12 Yes | 1 No |
How to paid online professional tax form IDBI bank
Can fright charges be included to calculate vat amount?
what is the Finalization?
What is the different between Excise Invoice and Invoice
What are the new income exemption limits for Men,Women and Senior Citizens for the Financial Year 2009-10
What about sur charge on income tax for the individuals who crossed 10lks for the year 2009-10
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
why we use 2.06% and 2.266% of tds rate in one contract.what is the difference?
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
When we have to pay purchase tax
What is meant by asset clearance . how should i make my entries in tally
What are TDS rates for the year 2007-08