Work contracts

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mohit (Querist)
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31 July 2014 hello
i want to know in up vat works contract:
the contract consist of 30% material & 70 % labour but the builder company has deducted 4% wct on total bill amount. now when we have filled for the refund the officer is saying that he will assume the works contract to be 70% material and 30 % labour.

please give views asap

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 July 2014 Deduction of 4% wct on total bill amount is in order. If you are able to produce the working along with bills of your claim to satisfy the officer you may get refund.

mohit

mohit (Querist)
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31 July 2014 hello
do you mean the bill we submitted to the builder?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 July 2014 No it is the bill for expenses incurred for the works, to substantiate your claim of 30% material content and 70% labor content.