Any type of tax on job works
This query is : Resolved
02 April 2016
A company purchase spare parts/ matterial for buses of Tata Motors and billing is made on the name of TATA MOTORS and they (TATA MOTORS) reimburse TO THE COMPANY after approval of the said item..... is there any type OF TAXES applicable on such job work ?
Thanks & Regards
Thanks & Regards
02 April 2016
Is it sale or service or you are replacing in your service station.
What is the nature of billing
What is the nature of billing
Message likes :
1 times
02 April 2016
Since spares are purchased directly in the name of principle company name, VAT Is not applicable, you may do job work, you are buying materials for service or replacement, for service charges, Service Tax Applicable if your service income exceed 10 lakhs Treshhold limit.
Message likes :
1 times
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
