Service tax on job work (urgent!!!!)
This query is : Resolved
11 April 2012
Dear all,
1) Our clients are engaged in jobwork of WEAVING OF TEXTILES on contract basis. No extra materials is used by us for weaving. All the raw materials are provided by our contractee. Exice duty is exempt on weaving of textiles and VAT is also not leviable. As per the new amendments in service tax, whether service tax is applicable to us on the above jobwork contract.
2) If yes what is effective date of applicability of negative list.
3) Some of our clients are also engaged in jobwork of yarn (raw material for fabrics) like colouring, twisting etc. VAT is applicable on the above services on 60%-40% basis. Whether service tax is applicable on the above activity. If yes then on what proportion? On 60% on which VAT is not charged or on full amount including/excluding VAT?
1) Our clients are engaged in jobwork of WEAVING OF TEXTILES on contract basis. No extra materials is used by us for weaving. All the raw materials are provided by our contractee. Exice duty is exempt on weaving of textiles and VAT is also not leviable. As per the new amendments in service tax, whether service tax is applicable to us on the above jobwork contract.
2) If yes what is effective date of applicability of negative list.
3) Some of our clients are also engaged in jobwork of yarn (raw material for fabrics) like colouring, twisting etc. VAT is applicable on the above services on 60%-40% basis. Whether service tax is applicable on the above activity. If yes then on what proportion? On 60% on which VAT is not charged or on full amount including/excluding VAT?
11 April 2012
Dear Mr. Bilal,
it seams that as per new concept of negative list it will fall under the purview of service tax, however, the negative list concept has not yet been approved and notified by the goverment.
let it first get notified by the government till the time you dont have to worry about it..
it seams that as per new concept of negative list it will fall under the purview of service tax, however, the negative list concept has not yet been approved and notified by the goverment.
let it first get notified by the government till the time you dont have to worry about it..
14 April 2012
Thank You Very much Sir!!! In negative list of service tax, service which amount to production is enlisted. So will the above activities be covered in this point??
14 April 2012
If till the time it has not been manufacture, then it will not fall under negative list.
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