15 May 2012
Ms Lovely, When some work is executed by using material and labour it is WCT.Out of that material consumed is taxable at the rates applicable in each state. MJK
17 May 2012
Ms Lovely, Perhaps,only in Karnataka,there is a common rate on the property transferred in WCT @ 14%. In all other states you have to calculate the value of the property transferred in various goods by adding GP to their purchase price.Then pay VAT at the appropriate rates applicable to each of them. MJK