WCT return filling

[Guest]

We have running small scale business firm which engaged in  taking comprehensive AMC, for which WCT is applicable,we would like to know, how to file WCT returns ,

whether its filling normally with vat return or need to file separately,

pls advise 

 

[YAGAY andSUN]

FORM VAT 120

[See Rule 138(4) , 139(4) & 140(4)]

COMPOSITION TAX RETURN UNDER THE VAT ACT, 2003

AI Summary

Small business asks about filing Works Contract Tax returns; advised to use FORM VAT 120 under VAT Act, 2003. A small-scale business firm inquiring about filing Works Contract Tax (WCT) returns, applicable due to their engagement in comprehensive Annual Maintenance Contracts (AMC), seeks guidance on whether WCT returns are filed with VAT returns or separately. The response provided suggests using FORM VAT 120 under the VAT Act, 2003, as a composition tax return.