Dear Sir,
Please guide me whether service tax is applicable on fabrication business...
our bill reads as under
Fabrication, providing and fixing of MS Grill in the sit out area of 900mm high using 32 mm MS Flat 6mm thicketc.,
whether servicetax is applicable on the above or wil excise duty is applicable????
Central Excise if grill can be understood as a distinct and separate item. However exemption upto 150 lakhs is available.
For the erection/ installation ST is applicable if exceeding Rs. 10 Lakhs.
I too agree with Madhukar Sir. Excise duty is leviable.
Grill is a new product. ED is leviable if your manufacturing turnover exceeds Rs.150 L. If you charge seperately for erection ST is applicable but exemption is avilable up to Rs.10L. Also it is works contract under VAT.
we are job worker, we done the garment fabrication job on contract,
we just want to know that is any Service tax is applicable on this business?
CAclubindia
