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WHAT IS THE WCT ON CONSTRUCTION COMPANY AT PRESENT ( 2010-
11)
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Answer Posted / anoop.m
Work Contract Tax
For Reg Party 4%
For unreg Party 2%
(This is one kind of vat)
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Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
