Dear Sir,
We are getting our goods painted from outside. Vendor takes care of everything including the paint. We are sending this under jobwork challan. Our finished goods are taxable?
I think the vendor is not supposed to charge service tax duty on the same. This exemption is as per notification 8/2005 service tax. Since he is taking cenvat credit on the paint , is he supposed to pay/reverse any excise duty ?
Actually the vendor is charging service tax on his invoice and i wanted to re-confirm the same.
If anybody confirm this with notification then it will be highly useful.
Regards
C V Subramanian
CAclubindia
