thanks for share this Knwoledge abt WCT
bt i hv dought abt how to record the Sale bill(Certified by Architech) entry of civil work Contractor if the vender is at Silvassa..(one of the Special Economic Zone) plz i hv big dought abt it coz of my vender reaised d bill in following method
1) charge Vat @ 4% of 75% of Total bill Amount & S.T. @ 12.36% of 33%
2) charge Vat @ 4% of 75% of Total bill Amount & S.T. @ 12.36% of 40%
3) charge Vat @ 4% of 70% of Total bill Amount & S.T. @ 12.36% of 33%
4) charge Vat @ 4% of 60% of Total bill Amount & S.T. @ 12.36% of 40%
etc..
so i hv big dought which 1 i follow.. n which 1 is correct & right method as per Silvassa Govrt. plese give me answer in details...