Applicability

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hardik joshi (Querist)
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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?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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30 May 2017 Yes VAT is applicable.

hardik joshi

hardik joshi (Querist)
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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.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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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.

hardik joshi

hardik joshi (Querist)
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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.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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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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