WCT applicablility, Service Tax

[Raj Malik]

We have purchased a material from a party. He(Individual) have not charged vat on the bill but the total amount is inclusive of labour charges and we are a company. will wct be applicable.

Posts / Replies

[Gorantla Bhaskar Rao]

Dear querist,

A transaction is considered as works contact only if the finished product is supplied to a customer and is not sold in the market to any other person. Your question need to be elaborate to give correct answer.

[Himansu Sha]

Every material is added with various charges upon conversion or manufacture. Whether Stax applicable or not , more elaboration is required.

[Raj Malik]

Yes state vat is applicable

[MARIAPPAN GOVINDARAJAN]

As advised by Shri Himanshu still elaboration is required.