Sir,
I am a trader dealing with steel and other related articles, but last year I have started doing job works like welding of water tankers and oil tankers and other welding works, materials are bring by client and I only use my labours to complete their welding work, one labour bill is 30 to 50,thousand and all works I do in my shop.
In the A.Y.14-15 my turnover is crossed to one crore.
My question is do I need to pay any kind of tax for the job work apart of trading.
Is this necessary for me to do the audit, Like Tax audit and MVat Audit etc…….
Please help me to come out of this.
Regards
Atish
CAclubindia
