Value consideration at trhe time of wct

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... If the work order value of any party is more than 1 crore rupees than we deduct 2% as Work contract tax. now my question is that while deducting 2% WCT which value we have to consider (basic order val .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ue) or (basic vlaue + service tax + vat). - Reply By Madhukar N Hiregange - The Reply = The value of service tax should not be included in the value for VAT and vice versa since the activity is simul .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taneous i.e. skill/ labour is provdied along with materials. - Reply By Surender Gupta - The Reply = It is too early to comment. Rules to be framed and notified at appropriate time for proposed compos .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ition scheme. Till than we should wait and watch. - Reply By Madhukar N Hiregange - The Reply = Still to be notified and there maybe prescribed methods toarrive at the same. Pl wait for the same. - Va .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lue consideration at trhe time of wct - Query Started By: - Pravin Thakur Dated:- 6-3-2007 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X