TaxTMI 
TaxTMI 
tds on wct under tnvat
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....ds on wct under tnvat<br> Query (Issue) Started By: - Ramakrishnan Seshadri Dated:- 25-2-2015 Last Reply Date:- 25-2-2015 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Dear Sir, We are the manufact....
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....ure of automobile parts. We are going to expand our building . The contract is given to Foreign construction company who is going to construct the building. Our question is what is procedure under tn....
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....vat act for deducting tds on wct for civil construction. How to deduct tds on wct.Whether the foreign company has to get registered with the tnvat or what is the procedure. Kindly guide us. Thanks a....
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....nd Regards, S.Ramakrishnan. Reply By Ramanujam Varadarajan: The Reply: WCT TDS is applicable if Works contract involves transfer of property in goods under local TNVAT Act. On the other hand, if th....
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....e materials are supplied on CST basis from outside TN under the works contract, WCT TDS would not apply.<br> Discussion Forum - Knowledge Sharing ....