Menu
Service tax on job work
A is receiving raw materials for preparing biscuits for B,A processess the raw materials and produces the final finished goods as biscuits and B pick ups the finished goods from A at his factory.In such a case is there any liability of ST?
A is producing both exempted and non-exempted goods for B, what will be excise duty liability and who shall be paying it.
Replies (2)
1. EXCISE DUTY: IF YOU GET SEMI FINISHED GOODS AND YOU FINISH GOODS TO FINAL STAGE , THAN YOU ARE NOT LIABILE TO EXCISE DUTY .,,,,,,,,,,,,,,,,,,
2. SERVICE TAX : AS EVERYONE MAY BE KNOW THAT JOB WORK IS EXEMPT UNDER LAW MEGA EXEPMTION OF SERVICE TAX LAW ,,,,,,,,,,,,GOOD LUCK!
no, no. please check. here , A is a service provider and liable to pay Service Tax , as A uses his manpower to complete the process.Where A is a job worker, and covered under 194 C also, and B will deduct TDS accordingly.
Recent Topic
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
Related Topics
CAclubindia
