We are a Plastics SSI MANUFACTURING UNIT (Partnership Firm). We are doing some Labour Charges/Job Work, Where Party Supply us Plastic Granuals and we manufacturing different types of product
This Year till date (2010-11) we are Doing Rs. 12 Lac(Appro.) Labour Charge/Job Work.
Then please suggest this situation SERVICE TAX is applicable for Us. If Answer Is Yes then also mention the Which Accounting Code is Applicable for us.
Menu
Service Tax
Replies (2)
hello frens,
is there ne provision in service tax to take 50% input service tax credit of capital goods in 1st year and remaining from next year.
| Originally posted by : niloy sanyal | ||
 |
We are a Plastics SSI MANUFACTURING UNIT (Partnership Firm). We are doing some Labour Charges/Job Work, Where Party Supply us Plastic Granuals and we manufacturing different types of product This Year till date (2010-11) we are Doing Rs. 12 Lac(Appro.) Labour Charge/Job Work. Then please suggest this situation SERVICE TAX is applicable for Us. If Answer Is Yes then also mention the Which Accounting Code is Applicable for us. |
 |
as per your query, you are now principal manufacturer and excise duty liablity belongs to you, please share the procedure of labour charges challan issued by the principal and your process/ onwards return of goods procedure, otherwise gross amount of finished goods ( markable value) would be subject to excise duty payable by yourself.
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
