Form No. WC 2 - 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 ... Summary
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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