business auxillary services (Job work receipts)
This query is : Resolved
29 January 2009
Year Job work ReceiptsExemption Limit
2003-04 8,89,335.00 Not Applicable
2004-05 2,03,175.00 Rs. 4.00 Lacs
2005-06 Nil Rs. 4.00 Lacs
2006-07 Nil Rs. 8.00 Lacs
2007-08 1,51,500.00 Rs. 10.00 Lacs
any body tell me that the above exemption limit is correct or not according to job work receipts and year.
2003-04 8,89,335.00 Not Applicable
2004-05 2,03,175.00 Rs. 4.00 Lacs
2005-06 Nil Rs. 4.00 Lacs
2006-07 Nil Rs. 8.00 Lacs
2007-08 1,51,500.00 Rs. 10.00 Lacs
any body tell me that the above exemption limit is correct or not according to job work receipts and year.
02 February 2009
Correct. No need to pay any tax.
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