What is the % of WCT under VAT Rules in Delhi?
Answer Posted / akhilesh thakur
Rate of WCT vary upon the circumstances of the contract. If
the rate for material supply and erection (Manpower Job)
has been shown separately in the contract and contractor
having registered in the department as a composite dealer,
in that case the contractor shall charge the applicable VAT
rate on the item supplied instead of WCT. However, if the
contractor not registered as a composite dealer or the
rates are not shown separately in the contact for material
supply and erection (Manpower Job), in that case,
contractor have to charge WCT @ 4% after excluding the
Amount of Service Tax @ 4 % on the total bill value.
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?
why use diff vat forms like vat51 vat3 why
A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
What is the %age of T.A.,D.A.,H.R.A.,BASIC
We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?
what is rules of taxation
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.