Menu
Queary on excise duty
Dear Sir,
My company has a manufacturing unit in haldia. the company is manufacturing steel drums for IOCL. the raw materials of the products supplied by IOCL. we are just fabricated the raw materials and made drum for IOCL. my question is should we charge excise and service tax both on bill? can anybody charge the both tax on bill?
this is very urgent. please reply.
regards
Asim jana
Replies (1)
Dear Asim,
You have to charge either excise or service tax on the bill... If its a manufacturing process, you have to charge excise or if its just labour charges you have to levvy service tax on bill...
Prima facie it seems that activity carried on by you is a manufacturing process so you have to pay excise duty on the same... However if you are charging for only labour then service tax will be applicable to you...
Regards
CA Harshal Pahade
Contact 9272344759
Recent Topics :
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
Related Topics :
CAclubindia
