On tds/tcs, there is no education cess except on salary. But i have a doubt regarding wct i,e work contract tax. My question whether there is education cess on wct or not. Please clear my query;
CA Anoop Dangwal (CA, M.com, B.com,) (899 Points)
10 April 2011On tds/tcs, there is no education cess except on salary. But i have a doubt regarding wct i,e work contract tax. My question whether there is education cess on wct or not. Please clear my query;
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 01 May 2011
WCT has two type of taxes
1) service tax + here education cess + secondary & Higher Secondary Education Cess
2) VAT ( no EC)