Applicability of works contract tax

This query is : Resolved 

28 June 2014 A cement manufacturing company is transfering its property in tyres to a tyre manufacturing company for modification or alteration of tyres for longer usew of tyres.the tyre manufacturing company is raising invoice for works contract.
the following are my questions.
how much WCT should be paid?
how it should be audited in internal audit?

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28 June 2014 rate of wct is 3 % here in rajasthan

30 June 2014 yea it is deductible WCT.




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