input credit
This query is : Resolved
05 August 2010
my client is a contractor and he is constructing roads and he is charging works contract tax on the bill and also he is giving subcontract and the subcontractors also charging works contract tax on bill.
My query is:-
1.can he claim the input credit on the W.C.Tax charged by subcontractors.and set off it from the out put of W.C.tax.
My query is:-
1.can he claim the input credit on the W.C.Tax charged by subcontractors.and set off it from the out put of W.C.tax.
VINOD ARORA
(Expert)
06 August 2010
It depends on the state concerned and also the scheme of registration (i.e. Normal or composition). Please give full facts.
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