SERVICE TAX ON LABOUR JOB WORKING ?

This query is : Resolved

ASHOK SINGHVI (Querist)
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29 December 2010 WE ARE DOING ONLY LABOUR JOB WORKING (TAILORING) FOR GARMENT INDUSTRY.

MEANS WE PURCHASE LABOUR WORK & SALE LABOUR WORK
OUR SALES IS OVER TWELVE LAC
IN THIS CASE IS OUR COMPANY APPLICABLE FOR SERVICE TAX ?
PLEASE GUIDE US
PLEASE NOTE->TDS DEDUCTED BY PARTY.@ APPLICABLE RULES

CA. vijay kr. sharma

CA. vijay kr. sharma (Expert)
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31 December 2010 yes your company is required to get registered under finance Act 1994,

your Client should deduct tax @2% on your Billing amount. as well You to Deduct tax and @2% and 1% as applicable.

furthere You may take Credit of Input service while making payment of your service tax liability.