TMI BlogWCT on labor chargesX X X X Extracts X X X X X X X X Extracts X X X X ..... WCT on labor charges X X X X Extracts X X X X X X X X Extracts X X X X ..... s contract to party for machanical work (I.e Erection, Febrication , Instalation ) Contract Value :- 25 Cr. Please suggest me can i be deduct WCT ?? Thanks & Regards, Sanjay Vasava Reply By MAR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IAPPAN GOVINDARAJAN: The Reply: Any material supply is involved in this contract or it is a pure labour contract? Reply By Ganeshan Kalyani: The Reply: In my view, fabrication, erection and install ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation by default includes material portion. Even if the main asset is supplied by vendor, the service provider of fabrication, erection and installation need to incidentally add some material to carry ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... out the aforesaid activity. Hence in my view, works contract tax need to be deducted.
As the works contract tax paid by the contractee is a credit to the contractor, it is better to pay, X X X X Extracts X X X X X X X X Extracts X X X X ..... sion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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