What is the fullform of WCT? Can anybody tell me about
this? How and where are we using this?
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Answer Posted / manikantan.s
Works contract tax (WCT) is a tax imposed on a contract for work, such as assembling, construction, building, altering, manufacturing, processing, fabricating, installation, improvement, repair, or commissioning of any movable or immovable property
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A----------involves transfer of money or moneys worth from one person to another
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