Please Help: WCT rates of Deduction in Delhi State
Posted Date : 13-Feb-2013 , 11:53:14 am | Posted By: Bhuwan Sharma
Category :
VAT | Answers :
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Comments :
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Please let me know, what is the rate of deducion for WCT (VAT-TDS)in delhi State.
If you have any circular about VAT TDS , plz send me that link. |
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Answers:
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Answer by: Mrattunjay |
www.delhivat.gov.in
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Comments |
Posted By : SUMIT JHA |
01-May-2013, 11:38:27 |
VAT RATES LIST REQUIRE MUSTLY |
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Posted By : Riyaz Ahmad |
16-Feb-2013, 12:16:12 |
I think my friend Abhishik sarawat say wrong , Bcz VAT will be Charge on 67% of Basic amt and service tax 33% of basic amt. |
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Posted By : Abhishek Saraswat |
13-Feb-2013, 03:32:55 |
There is special provision regarding wct in dvat i.e. vat calculation is on 80% of basic amt. of goods and service tax calculation on 33% of basic amt....
for example:
Basic amt. =100
vat rate (say 4%)=(100*80%)*4%=3.2
Service tax (Say 12.36%)=(100*33%)*12.36%=4.0788
Gross amt.=100+3.2+4.0788=107.2788
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