Works contract tax


02 July 2014 Gud aftn experts, I had a small doubt regarding vat and wct,when vat is shown separately in the invoice can we deduct wct on total value including vat??

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02 July 2014 YES WE CAN..........................


03 July 2014 It means the contractor already paid the tax in the form of vat and again we are paying tax to govt in the form of wct.Does it amount to double taxation??




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