Service tax on making charges of jwellery
This query is : Open
03 December 2013
why jewellers don't charge service tax on making charges of ornaments and instead of service tax they charge vat
04 December 2013
Very First Reason that they are selling goods and not provided services at all.
VAT is applicable on sale of goods under respective VAT Laws.
Second they are availing SSI Exemption i.e. up to first 10.00 Lac Service Charges no liability for service tax.
VAT is applicable on sale of goods under respective VAT Laws.
Second they are availing SSI Exemption i.e. up to first 10.00 Lac Service Charges no liability for service tax.
01 September 2014
THE PROCESS OF MAKING JWELLERY FALLS UNDER THE THE DEFINATION OF MANUFACTURE UNDER EXCISE LAW AND THOSE PROCESS ARE EXEMPT FROM SERVICE TAX AS PER THE NEGATIVE LIST IN THE SERVICE TAX LAWS AND HENCE SERVITAX IS NOT CHARGED
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
