tax on job work
This query is : Resolved
26 May 2009
We wish to start doing job work on manufacturing for an exporter.
all materials will be supplied by the party and we will add just the labour content
What tax will we be subject to
thank you
all materials will be supplied by the party and we will add just the labour content
What tax will we be subject to
thank you
26 May 2009
You are liable to service tax if the labour charges exceeds 10L during the year.
26 May 2009
Apart from this the exporter will deduct a tax @ 2% + applicable Surcherge and education cess from the payment made to you unless you obtain a certifcate from the TDS officer of your jurisdiction for non deduction or lower deduction of tax.
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
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Copyright software
- SFT Cash Deposit in Current Account
- Multiple trade mark
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- 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
