Repairing Income
This query is : Resolved
18 November 2016
Income from Repairing of watches will go.under sale of service or under sale of goods .
21 November 2016
There are two things. If it is only repairing charges, then it is sale of service. And if the old watch is repaired and sold as new, then both VAT & Service Tax will b charged(if applicable).
Please note that ST will b charged only on service value.
Please note that ST will b charged only on service value.
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