26 December 2008
I have SSi where i manufacture marble slabs.this year turnover cross the limit of 1.5 crores,so liable to pay excise duty.Jobwork is also done in the marble unit i.e. marble blocks of others SSI's are converted into marble slabs.Whether I am liable to pay excise duty or liable tio pay service tax on this jobwork done in the unit?
26 December 2008
If you r raising bill only for convertion then you must charge Service Tax, If you r raising bill only material then you must charge excise duty, If you raising bill for both then you must charge Ser.Tax on convertion amt. & excise on conversion amount.
CAclubindia
