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Work Contract Tax

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(Querist)
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?
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
09 December 2009 Inclusive of service tax.

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

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Ghanshyam T Jha (Expert)
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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