Rate of WCT TDS Deduction by Awarder w.e.f. 01-04-2015 – Rajasthan VAT

Rajasthan VAT – Rate of WCT deduction by awarder w.e.f. 01-04-2015

Rajasthan Government has notified vide notification number F.12(23)FD/Tax/2015-208 dated 09-03-2015 the revised rate of deduction of WCT w.e.f. 01-04-2015.

Now it has been provided that;

“The awarder or any other person authorized by him, at the time of credit of any sum to the account of the contractor, or at the time of making such payment by any mode, for carrying out any work, shall deduct, in lieu of tax, an amount ;

6% of such sum, if payment is made to a dealer registered under the Rajasthan VAT

7% of such sum, if payment is made to any person other than a dealer registered under the Rajasthan VAT.

However, in case of contractors having exemption certificate issued under section 8 of the said Act, the awarder or any person authorized by him shall deduct in lieu of tax an amount equal to rate of exemption fees as mentioned in the said exemption certificate.”

Please click here for the complete text of notification.