is WCT TDS should deducted on gross value (basic+service tax)?
Answer Posted / raju
wct tds will be deducted on the amount of work done. since for the calculation of the service tax we should not consider the VAT amount, means service tax will be charged on the amount of before vat. so at the time of the wct tds calculation the service tax portion will be deducted from the gross invoice.
Is This Answer Correct ? | 19 Yes | 3 No |
Post New Answer View All Answers
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
How many heads are there under total income?
Hellow this is ravindra wanted to know about excise duty rates pls suggest
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
Define deferred tax liability?
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
how to calculate tax for the income earners
Is Work Contract Tax expenses for a company?
when charges PURCHASE @ 12 % TAX RATE ?
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
what is central excise tax
what is deemed sales? how to calculated
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.