What is the % of WCT under VAT Rules in Delhi?
Answers were Sorted based on User's Feedback
Answer / akhilesh
wct rate is 12.5% general rate
under compisit scheme rate is 3% or 2.5%
| Is This Answer Correct ? | 26 Yes | 48 No |
Answer / ranjan kumar behera
For delhi 2% for both registed or not registred.
| Is This Answer Correct ? | 7 Yes | 29 No |
Define the term "Manufacturer"as introduced in finance act2010.
1. How to calculate vat @4% on a bill which also suffers Service Tax @ 10.30%. ie. Whether i hav to calculate on the basic or on the sum of Basic + service Tax. kindly clarify in this regard immdly. because som part of people says it sholud b calculated on the basic, another part of people says it should be calculated on the sum of Basic + Service tax.... 2. when we deduct TDS for the invoice? ie. In the invoice which suffers Vat & also Service tax or the invoice which suffers only Service Tax? Kindly clarify me immdly.
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