28 April 2011
Sir one of my clients has charged Fabrication Charges without charging any Excise Duty & VAT as the material was supplied by his client only. Can this be covered under Service Tax?? If yes, then under what Section??
28 April 2011
Excise duty is applicable if process amounts to manufacture. [ in this case it maybe so] If so the exemption available is 150 Lakhs. If process does not amount tomanufacture then ST applicable unless cusotmer is under excise and exemption under Not.8/2005 can be claimed.
CAclubindia
