A person receives material from customer, stitches the same and make readymade garments from the material provided. Also he uses some materials like thread, buttons etc on his own(the same is not provided by customer).
Kindly tell:
Maharashtra VAT applicability
ServicecTax Applicability
Excise Applicability.
Also tell how the same transaction shall be recorded in books (as labour or stitching charges)
Service tax applicability, provided above threshold limit. From next year GST.
Stiching charges.
CAclubindia
