Dear Friends,
Kindly clarify my doubt....
WCT need to be deducted on service tax portion also or only on the turnover?
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WCT to be deducted inclusive of Service tax or not?
Replies (1)
as per apvat act 2005 service tax is also part of taxable turnover Therefore WCT MUST BE DEDUCTED 4% OF 70% OF THE AMOUNT PAYABLE AS CONSIDERATION FOR THE EXECUTION OF WORK
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