Please Help: WCT
Posted Date : 17-May-2011 , 12:54:30 am | Posted By: Rajat Bhatia
Category :
VAT | Answers :
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Comments :
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if a building is constructed by a contractor & bill is raised as per labour rates i.e. the contractor is only providing his labour & the material like bricks, cement etc is provided by the contractee.. then does the contractee require to deduct WCT on pay |
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Answers:
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 Answer by: CA Satuti Mahajan |
| yes
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| Answer by: Vaneet Gupta |
| Yes
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| Comments |
| Posted By : Amrish Gupta |
17-May-2011, 01:38:33 |
| Rajat..........contractee is only required to deduct WCT when the contract is of both material & labour.....Moreover u have to consider ur local state VAT laws for the minimum amount of contract on which WTC is to be deducted. |
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