WCT IN HARYANA

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LK SINGHAL (Querist)
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19 October 2010 Sir,
I am a civil contractor. I take the contract from the Haryana Govt Deptt and The Deptt deduct the WCT on the bill amt @4% for sales tax 1% for labour cess and tds also. on the other hand I am also paying the sales tax on purchases made in Haryana and Central purchases. Please tell me can I get the Refund for the WCT amt deducted by the department.

Please brief me about the provisions of WCT in Haryana

Hitender Gaur

Hitender Gaur (Expert)
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07 December 2010 There is two option in HVAT for contractor, 1. Composition Scheme/Lumpsump- In this option you have to pay 4% of your gross receipts, no input benifit allowed to you.

2. Book Keeping System: 12.5% of your 75% of your Gross receipts (25% Labour Component), Less: TDS of WCT and Less Input VAT (Input Vat-as per your purchase Bills) if there is + balance then pay the VAT if - Balance then carryforward to next tex period.

It so breaf only, it is better for you consult a good consultant with your all queries.