S t on silk saree manufacturing in tamil nadu
This query is : Resolved
02 January 2014
Hai,
I am an accountant.
one of my clients is manufacturing silk sarees. he is not exporting the same and sells it within Tamil Nadu.
I need to know the weaving and manufacturing expenses attract service tax?
Sales Turnover Crosses Rs.1.00 Crore.
Please guide me
with regards
Natarajan
Accountant, Salem
I am an accountant.
one of my clients is manufacturing silk sarees. he is not exporting the same and sells it within Tamil Nadu.
I need to know the weaving and manufacturing expenses attract service tax?
Sales Turnover Crosses Rs.1.00 Crore.
Please guide me
with regards
Natarajan
Accountant, Salem
03 January 2014
Dear Sir
As per Negative List section 66D,service shall not include any process amounting to manufacture of production of goods.
The product SAREE is covered under excisable head 52081220.Therefore appropriate excise duty must have been paid on it.So ,no need to pay any service tax .
Also Notification No. 25/2012 dated 20.06.2012 exempts job work related to textile processing.
Therefore no service tax liability on manufactureof sarees.
As per Negative List section 66D,service shall not include any process amounting to manufacture of production of goods.
The product SAREE is covered under excisable head 52081220.Therefore appropriate excise duty must have been paid on it.So ,no need to pay any service tax .
Also Notification No. 25/2012 dated 20.06.2012 exempts job work related to textile processing.
Therefore no service tax liability on manufactureof sarees.
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