Work contract tax
Mahesh Kakade
(Querist) 28 August 2011
This query is : Open
I want to Work Contract Tax.
If a company have taken an EPC job for installation of project, in the scope of work supply equipment, civil work and erection value has been clearly defined. In addition to the above in civil work it further defined the scope of civil work i.e pure labour work, supply of cement, supply of steel and aggregates.
I want to know how much WCT will be require to pay?
Also any other scheme to save the tax in the above contract?