WCT

This query is : Resolved

Report Abuse Follow Query Ask a Query

Rabnoor Singh Khanna

Rabnoor Singh Khanna (Querist)
Follow

25 August 2009 What is meaning of WCT in regard of service tax.

SARATHY RP

SARATHY RP (Expert)
Follow

26 August 2009 Dear Mr Khanna,

You are referring to WORKS CONTRACTS SERVICES. This is the tax on the taxable value of services rendered in the course of executing a Works Contract which involves transfer of goods as well as labour works connected with those goods.

Thanks.

Sarathy

vijay singhal

vijay singhal (Expert)
Follow

26 August 2009 agree

Upgrade to CAclubindia Pro. Subscribe Now!