Form No. WC 02 - Application Form for Withdrawing From Composition by a works contractor in respect of scheme as notified by Government under sub section (12) of section 16
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Works contractor withdrawing from composition scheme must file WC 02 with turnover, input tax on opening stock, and invoice details. Form WC 02 requires a works contractor withdrawing from the notified composition scheme to provide TIN and business particulars, the year and reasons for withdrawal, preceding-year turnover, and the input tax on goods in stock in Delhi (trading stock, raw materials, packaging) with totals. Part B requires invoice-level details (tax invoice date/number, supplier registration/TIN, purchase price, input tax) for each category, with subtotals carried to Part A and a verification signature by an authorised signatory.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Works contractor withdrawing from composition scheme must file WC 02 with turnover, input tax on opening stock, and invoice details.
Form WC 02 requires a works contractor withdrawing from the notified composition scheme to provide TIN and business particulars, the year and reasons for withdrawal, preceding-year turnover, and the input tax on goods in stock in Delhi (trading stock, raw materials, packaging) with totals. Part B requires invoice-level details (tax invoice date/number, supplier registration/TIN, purchase price, input tax) for each category, with subtotals carried to Part A and a verification signature by an authorised signatory.
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