Applicability
This query is : Resolved
30 May 2017
Sir,
We have received a bill with vat.
We sent that party paper and the party prints on them according to our requirements.
A kind of job work. but pary send bill including VAT. Is this type of transaction covered under VAT?
We have received a bill with vat.
We sent that party paper and the party prints on them according to our requirements.
A kind of job work. but pary send bill including VAT. Is this type of transaction covered under VAT?
30 May 2017
Yes VAT is applicable.
30 May 2017
Thank you sir for reply.
But one question,
On what basis sir? Vat is on sale of goods. But it is a job work service. Is there any notification for this? If yes can you share link for information purpose?
Thank you.
But one question,
On what basis sir? Vat is on sale of goods. But it is a job work service. Is there any notification for this? If yes can you share link for information purpose?
Thank you.
30 May 2017
Plain papers are printed so from raw to finsih it changes the prima facie nature of paper only and makes it valuable and hence printed paper becomes goods.
30 May 2017
But paper is supplied by us. They just print. In case they buy papers and print its sale subject to vat. But isn't job work covered under service tax?
That is my question sir.
That is my question sir.
30 May 2017
Plain paper has no value except if you sell plain papers and then its converted to fininsh goods-here post printing its usable to you hence its covered in definition of goods and vat applicable.
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