Service tax on job work (urgent!!!!)

This query is : Resolved

Bilal Chauhan (Querist)
Follow

11 April 2012 Dear all,
1) Our clients are engaged in jobwork of WEAVING OF TEXTILES on contract basis. No extra materials is used by us for weaving. All the raw materials are provided by our contractee. Exice duty is exempt on weaving of textiles and VAT is also not leviable. As per the new amendments in service tax, whether service tax is applicable to us on the above jobwork contract.
2) If yes what is effective date of applicability of negative list.
3) Some of our clients are also engaged in jobwork of yarn (raw material for fabrics) like colouring, twisting etc. VAT is applicable on the above services on 60%-40% basis. Whether service tax is applicable on the above activity. If yes then on what proportion? On 60% on which VAT is not charged or on full amount including/excluding VAT?

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
Follow

11 April 2012 Dear Mr. Bilal,

it seams that as per new concept of negative list it will fall under the purview of service tax, however, the negative list concept has not yet been approved and notified by the goverment.

let it first get notified by the government till the time you dont have to worry about it..

Bilal Chauhan

Bilal Chauhan (Querist)
Follow

14 April 2012 Thank You Very much Sir!!! In negative list of service tax, service which amount to production is enlisted. So will the above activities be covered in this point??

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
Follow

14 April 2012 If till the time it has not been manufacture, then it will not fall under negative list.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

mohammad.asraf

yogesh korani

xavier

sinu kurian

SHIBSANKAR DEY

Subscribe Now

Service tax on job work (urgent!!!!)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

Senior Executive