Printing papers

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ranveer (Querist)
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10 July 2014 respected sir/ma'am/friends
if a conpany provides printing service to its customers by outsourcing the same, then what are the tax implications on the company?
is the company liable to pay service tax on it or excise duty? please give a detailed reply.
thank you :)

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 July 2014 NO EXCISE DUTY APPLICABLE.
service tax applicable when income exceeds rs 10 lakhs.

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ranveer

ranveer (Querist)
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11 July 2014 BUT when we print on a paper, a new product comes into existence with distinct function. now wouldn't it attract excise duty?
dear tushar, are you sure about your reply?
please let me know the rate as well.
thank u

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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11 July 2014 when u print then printing will not produce a new paper as paper is already a manufactured dutiable product so nothing new comes out of it.

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