Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Under DVAT ABC is a "company" which has taken contract from
Delhi state govt department and subcontracted part of work
to XYZ. Where ABC is under composition scheme and XYZ is
under normal scheme. Govt deducts 3% WCT from payment to ABC
towards vat.Whether subcontractor is liable to pay WCT vat
on his turnover though the main contractor has already
discharged tax liability on entire turnover? What is the
mechanism ?



Under DVAT ABC is a "company" which has taken contract from Delhi state govt department a..

Answer / g v s subrahmanyam

The relation between the contractor and subcontractor is
principal and agent. If the main contractor has already paid
the tax inrelation to particular work, in which the sub
contractor also discharged the services to the same work.
Hence to be best of my knowledge, the sub contractor need
not pay tax again under works contract act.

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More Taxation Interview Questions

What is the difference beteen service tax & Excise Duty ?

1 Answers  


what is the difference between vat 100 and vat 120?

0 Answers  


waht is Entry Tax ? how to sett of vat?

1 Answers  


what is service tax

4 Answers  


What is the exemption limit of senior citizen for F.Y. 2010- 11?

1 Answers  


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

0 Answers  


tds can be applicable on haltage(late time unloading )

2 Answers  


what is the difference between banker cheque and cheque?

7 Answers   Apex,


Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax

0 Answers   TATA,


80DD Dediction

0 Answers  


i received annual inncentive received with deduction of TDS from My suplier. Total amount 100000/- Inncentive.Rs.90000/- Tds Rs.10000/- how to take entry in my books.

6 Answers  


if our provision of taxation of particular year 23000/- and on that year we paid advance tax 20000/-then how we adjust this both amount.......

2 Answers  


Categories