We are the Manufacturing Co., Some Job Work are give on the Contract Basis.
The Contractor Charges his Charges. we paid the Contract Charges after deducting the TDS on Contract.
But the Contractor was not charge any Service Tax on the Contract Bill issued by him.
There are almost the Bills of Rs. 1Cr annually.
Whether the Company has liable or penalised for not due to the Contractors Defult
You have not mentioned any activity of job worker, if he is a manufacturer den the liablity will shifted to him and he has to pay duty on price of your ex factory.
THE COMPANY HAVE NO LIABILITIES.
What product u r manufacturing. If it is excisable goods and u have obtained central excise registration and the inputs and moved on job-work challan there is no liability for the contractor also.......
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
