Interested to Buy Any Domain ? << Click Here >> for more details...
WCT Exemption limit ?? Pl explain on which items WCT is
applicable.
- 5 Answers
- 38948 Views
- DC, TATA, WCT, I also Faced
- E-Mail Answers
Answer Posted / atul nema
WCT means Works Contracts Tax and it has the same limit as
prescribed under VAT for Sale of Goods i,e; Rs.5 lacs.
Look, WCT as a whole is not taxable in the eyes of any law.
VAT can only be imposed on the transfer of Propoerty in
execution of works contracts. and dealer can get deduction
of labour utilised in executionof works contrats.
| Is This Answer Correct ? | 21 Yes | 3 No |
Post New Answer View All Answers
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
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.
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
Which form used for registration in GST?
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
how to caluclate the mumbai tax with example? what is mean by credit and debit ?
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
do we have tds in nigeria
Type of form use in sales Tax
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.
accounting taxation
what is excise duty and how can we mantain its account in outgoing and incoming of bill status.
anybody pls tell me about the service tax
how i get h form
