Please Help: TDS under WCT

Posted Date : 16-Jan-2012 , 06:20:33 pm | Posted By PANKAJ BANSAL

WHAT IS RATE OF TDS UNDER WCT IF A PRINTING CONTRACT EXPENSES IS BOOKED IN THE BOOKS OF ACCOUNTS

Category : VAT | Answers : 5 | Comments : 1 | Hits : 2769

Answers

Answer By: PRIYANKA

I think ur querry is a bit confusing, as TDS in itself in VAT terminology is called WCT. So ur querry..i.e, TDS rate under WCT sounds confusing. Anyway...as far as WCT rate is concerned..its current rate is 4%.

Answer By: Ashish Karundia

Dear Pankaj,

Please specify the state in respect of which you want to know the WCT-TDS rate.

Answer By: Ashish Karundia

Dear Pankaj,

Please note that the WCT-TDS rate in the state of Delhi is 2% for registered dealer and 4% in case of unregistered dealer. [Refer Section 36A of the Delhi Value Added Tax Act, 2004].

Hope the above suffice.

Answer By: PRIYANKA

The rate which I told was for the state of UP.

Answer By: Mrattunjay

2 & 4%