Alluminium fabrication rate of tax
This query is : Resolved
24 December 2012
What is the Rate of Tax for Alluminium fabrications under KVAT Act 2003 and also I want to know Composition rate of Tax for this what is the service tax amount we need to collect on this, how to calculate the service tax
28 December 2012
Mr Udaya,
For all fabricated goods general rate of tax i.e. 14.5% is applicable. On the sale of such fabricated goods no ST is applicable. If you are engaged in a works contract of aluminium fabrication, then it is 5.5%. In these contracts labour can be caculated at actuals or 25% for ST purpose(12.36%).....MJK
For all fabricated goods general rate of tax i.e. 14.5% is applicable. On the sale of such fabricated goods no ST is applicable. If you are engaged in a works contract of aluminium fabrication, then it is 5.5%. In these contracts labour can be caculated at actuals or 25% for ST purpose(12.36%).....MJK
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST Regis.
- Tds on building rent monthly
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
