Please Help: WCT rates of Deduction in Delhi State
Posted Date : 13-Feb-2013 , 11:53:14 am | Posted By Bhuwan Sharma
Please let me know, what is the rate of deducion for WCT (VAT-TDS)in delhi State.
If you have any circular about VAT TDS , plz send me that link.
If you have any circular about VAT TDS , plz send me that link.
Category : VAT | Answers : 1 | Comments : 3 | Hits : 4030
Answers
Answer By: Mrattunjay
www.delhivat.gov.in
Comments
abhishek saraswat
13-Feb-2013 , 03:32:55 pmThere is special provision regarding wct in dvat i.e. vat calculation is on 80% of basic amt. of goods and service tax calculation on 33% of basic amt.... for example: Basic amt. =100 vat rate (say 4%)=(100*80%)*4%=3.2 Service tax (Say 12.36%)=(100*33%)*12.36%=4.0788 Gross amt.=100+3.2+4.0788=107.2788
Riyaz Ahmad
16-Feb-2013 , 12:16:12 pmI think my friend Abhishik sarawat say wrong , Bcz VAT will be Charge on 67% of Basic amt and service tax 33% of basic amt.
SUMIT JHA
01-May-2013 , 11:38:27 pmVAT RATES LIST REQUIRE MUSTLY