Work Contract Tax

This query is : Resolved 

09 December 2009 Hello!
Can u tell me that whether Work Contract Tax will be deducted inclusive of Service tax or exclusive of service tax?

09 December 2009 Inclusive of service tax.

VAT is charged on amount after including the excise duty. The same logic applicable here.

10 December 2009 WCT undr MVAT will be deducted on Basic value only (Excluding Service Tax if separately charged as service tax)




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