Hi all,
One of our client is based in Karnataka & has deducted works contract tax (WCT) @ 14.5% on installation services provided by us.
Our company is based in Maharashtra. Now my question is whether installation services are liable for wct? There is no supply of material involved in transaction. Can some one give me the exact defination of WCT under karnataka Vat act with apropriate sections!
Also can we avail credit of such tax deducted by our client?
Thanks.