Services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 June 2013
wheather service tax applicble on the job workers or not?
26 June 2013
1)'No service tax is payable by job-workers on processes amounting to manufacture'
2)No service tax if covered in negitive list.
3)'Only job-work that does not amount to manufacture is taxable under service tax law'
Explanation:-
1)No service tax is payable on ‘any process amounting to manufacture or production of goods’ by your job-worker, as that activity falls under the negative list under Section 66D (f) of the Finance Act, 1944.
2)Also, S. No. 30 (c) of notification no.25/2012-ST dated June 20, 2012 exempts ‘carrying out any intermediate production process as job-work in relation to any goods on which appropriate duty is payable by the principal manufacturer’.
3)S. No. 30 also covers certain other activities of job-work.
Thanks & regards
Ganesh babu k
2)No service tax if covered in negitive list.
3)'Only job-work that does not amount to manufacture is taxable under service tax law'
Explanation:-
1)No service tax is payable on ‘any process amounting to manufacture or production of goods’ by your job-worker, as that activity falls under the negative list under Section 66D (f) of the Finance Act, 1944.
2)Also, S. No. 30 (c) of notification no.25/2012-ST dated June 20, 2012 exempts ‘carrying out any intermediate production process as job-work in relation to any goods on which appropriate duty is payable by the principal manufacturer’.
3)S. No. 30 also covers certain other activities of job-work.
Thanks & regards
Ganesh babu k
26 June 2013
Reference used above provided here for your reference
Notification No. 25/2012-Service Tax
http://www.servicetax.gov.in/notifications/notfns-2012/st25-2012.htm
Service tax negative list
http://img.labnol.org/di/service-tax-negative-list.pdf
Thanks & regards
Ganesh babu k
Notification No. 25/2012-Service Tax
http://www.servicetax.gov.in/notifications/notfns-2012/st25-2012.htm
Service tax negative list
http://img.labnol.org/di/service-tax-negative-list.pdf
Thanks & regards
Ganesh babu k
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