Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sagar
WCT depends upon state by state. its a flat rate at which no
input credit on any material purchased is given to you
(since on VAT credit of Input can be claimed and net amt is
deposited to govt). you have to pay a flat rate of 2 % on
turnover(ie, contract amount) to government or ur contractee
will deduct WCT while making payment to u. you (the
contractor) can claim WCT as ur direct expense.
| Is This Answer Correct ? | 9 Yes | 7 No |
Post New Answer View All Answers
how to filing rt-1
WHAT IS TAXATION?
WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com
What do you mean by fair rent?
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
If any new form open than we are able to deduct TDS on first year
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
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/-.
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
Hellow this is ravindra wanted to know about excise duty rates pls suggest
Which is the section or rule for non submitting c forms panelty and interest
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
