Contactors Taxation

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....ontactors Taxation<br> Query (Issue) Started By: - Khushwant Singh Dated:- 9-6-2011 Last Reply Date:- 9-6-2011 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>What is tha procedure for taxing contract....

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....ors (civil) under the Punjab VAT Act? Reply By pradeep khatri: The Reply: Refer Section 27 of the PVAT Act regarding Tax deduction from the amount payable to works contractor. Further, Civil Contrac....

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....tor are liable to charge WCT at the applicable rate. It is also mandatory for them to get their assessment done from the PVAT Department. Three schemes are available to the contractor. 1. Civil Contr....

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....actor can charge WCT on Actual supply; 2. Civil Contractor can avail abatement on services/labour part and charge WCT on supply of material involved in execution works contract. 3. Composition schem....

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