Job work Invoice
This query is : Resolved
22 June 2009
Dear Sir,
We are the manufacturer of auto components. My query is related to job work with material.
We are doing a products on job work basis with materials, appox. cost is 5 lacs of the said job work. So my question is, how to prepare the bill? Do we prepare the two separate bills? one is material & second is labour charges? or one bill covering the both materials & labour? how to levy taxes?
what is the impact of taxes i.e. excise, service tax & Vat?. Is it cover under WCT?
Please clarify the same immediately.
Regards
Sanjay Bhagat
We are the manufacturer of auto components. My query is related to job work with material.
We are doing a products on job work basis with materials, appox. cost is 5 lacs of the said job work. So my question is, how to prepare the bill? Do we prepare the two separate bills? one is material & second is labour charges? or one bill covering the both materials & labour? how to levy taxes?
what is the impact of taxes i.e. excise, service tax & Vat?. Is it cover under WCT?
Please clarify the same immediately.
Regards
Sanjay Bhagat
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