Fabrication work

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2017 DO FABRICATION WORK COMES UNDER COMPOSITION SCHEME ??
FABRICATION WORKS KNOWN AS WORK CONTRACT ??
DO IT WILL NOT COME UNDER MFG UNIT ???

THANKS IN ADVANCE

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 August 2017 Fabrication work will not come under composition scheme.
Fabrication will come under manufacturing.

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2017 if manufacturing then can he opt 2% as composite dealer....???

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 August 2017 If you buy the material and fabricate and sell its amount to manufacturing and composition scheme applicable. If you job work of fabrication then composition scheme not available.

Querist : Anonymous

Querist : Anonymous (Querist)

29 March 2021 If you are selling finished goods which are manufacturing by you then if will come under composition scheme. if not then no composition scheme.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 March 2021 It will come under composition scheme.

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