Alluminium fabrication rate of tax
This query is : Resolved
K J UDAYA KUMAR PILLAI
(Querist)
24 December 2012
What is the Rate of Tax for Alluminium fabrications under KVAT Act 2003 and also I want to know Composition rate of Tax for this what is the service tax amount we need to collect on this, how to calculate the service tax
MJ Krishnamurthy
(Expert)
28 December 2012
Mr Udaya,
For all fabricated goods general rate of tax i.e. 14.5% is applicable. On the sale of such fabricated goods no ST is applicable. If you are engaged in a works contract of aluminium fabrication, then it is 5.5%. In these contracts labour can be caculated at actuals or 25% for ST purpose(12.36%).....MJK
For all fabricated goods general rate of tax i.e. 14.5% is applicable. On the sale of such fabricated goods no ST is applicable. If you are engaged in a works contract of aluminium fabrication, then it is 5.5%. In these contracts labour can be caculated at actuals or 25% for ST purpose(12.36%).....MJK
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- GST on Renting godown to KFCSC for Storage of Raagi
- Capitalgain tax purposes for valuation report compulsory
- TAX AUDIT ON PROFESSIONAL INCOME
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- TDS on Fixed Assets purchased
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- Under marginal scheme
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
