works contract tax act
This query is : Resolved
05 May 2010
we are security agency and we would like to know whether WCT act applicable to us
05 May 2010
I presume that the query is about tax on works contract.
Tax on transfer of goods/materials during execution of works contract, is sometimes referred to as Works Contract.
Since no material/goods are involved during the course of providing Security Agency Service, WCT not applicable.
Tax on transfer of goods/materials during execution of works contract, is sometimes referred to as Works Contract.
Since no material/goods are involved during the course of providing Security Agency Service, WCT not applicable.
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