manager
24 Points
Joined November 2009
dear sir / madam
we are a ssi unit registered with service tax and excise department.
we are doing job work for companies like INDIAN OIL and Hindustan Petroleum. We fabricate storage tanks for these companies using the steel plates supplied by them. the steel plates supplied by them are on excise challan ( Cenvat challan ).
in this case what is our liability of service tax and excise.
The payments made to us by these companies are subjected to a deduction of 4 % WCT on the entire amount paid to us.
PLAESE REPLY SOON ..................