SERVICE TAX ON LABOUR JOB WORKING ?

This query is : Resolved 

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

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries