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work contract tax

VAT and Sales Tax - Started By: - veera swamy - Dated:- 21-11-2015 Last Replied Date:- 23-11-2015 - In a work contract labour and materials seperately shown.VAT for material and service tax for labour claimed.Whether for labour shall be deducted on p .....

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you can avail the abatement or you can go for composition scheme under the works contract. The contractee is also under statutory obligation to deduct the TDS on WCT and to issue a certificate in this regard to the contractor on the Gross Value of t .....

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ich is also called as VAT-TDS is required to be deducted by the receiver of service from the payment to be made to the provider of works contract service. The deductor is required to deposit the amount so collected to the exchequer. the deductor shal .....

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