Dear Sirs,
We are executing the contract of balance of project of a power plant in the state of Rajasthan. For this most of the material is being procured from the rest of the country.
For operational & commercial reasons, the entire contract is devided into two parts viz.,
1. Supply of Mechanical, Electrical Material (Supply Contract)
2. Erection, Testing & Commissioning (ETC Contract).
The question is
a) Whether WCT is payable on the supply contract ???
b) In such case, Can the client (Owner of the Project), issue the C-form treating the material supplied under the CST act as "Sale in Transit" .
c) Whether both CST & WCT are applicable on the "Supply Contract"