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When VAT 14.5% is applicable and when Work contract tax 4%
is applicable? Is both are same?
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Answer Posted / satpal nalavade
Vat is applicable for sale of products or goods. WCT is
applicable on execution of building material or other
construction workds like road, builing, dam construction.
applicable tax rate is depend upon related product tax
schedule.
| Is This Answer Correct ? | 26 Yes | 6 No |
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