WCT & VAT

Page no : 6

(Guest)

Originally posted by :Dipendra Dev
"	What is the corelation between WCT & Vat? Is there the WCT is in form now?	"

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Sukul (employee) (24 Points)
Replied 28 September 2008

Originally posted by :Shakil Ahmed
"	Dear Sir, Please tell me the date since WCT (Works contract tax) has been discontinued in the 4 states named Andhra Pradesh, Haryana, Delhi & UP. Please give me Date and if any refrence book or site is there please tell me. Thanks	"

(Guest)

Dear Sir,

Please confirm at which rate WCT will be deducted from vendors bill in Mumbai

(Guest)

Originally posted by :Guest
"	Need to know more about WCT in AP	"

Prakash Mundada (CA Practice ) (164 Points)
Replied 03 October 2008

want to now about vat provision on works contract act in andhra pradesh.service tax if any on works contract act

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(Guest)

Dear Sir/Madam,

I want to know that what is difference bitween WCT and VAT

CA. O.P. Agarwalla (C.A.) (2916 Points)
Replied 11 October 2008

WCT is a tax on deemed local sales of goods in execution of works contracts (whose property has been transfered in execution of WC).

VAT is tax on local sales or purchases of taxable goods. WCT in fact is a part of VAT.

(Guest)

dear sir

i want information about new wct rate

Ankit Kumar (Sr. Manager) (20 Points)
Replied 23 October 2008

Can we deducted WCT even when VAT already inculded in photocopy charges bill @ 4%.

(Guest)

i interested to know accounts and taxation

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(Guest)

Dear Sir/Madam, Please Clarify the doubt - Regarding WCT Tax Rates in Andhrapradesh State and what and all applicable for Terms and conditions per Act. Please dot the needful at your earliest.