Can trader send raw material for jobwork
This query is : Open
30 December 2012
Dear Sir,
I have a Steel Rolling Mill were I manufacture Bars, I want to inquire wether a trader can send raw material for jobwork and does it attract any taxes.
Kindly note I'm not registered with central excise nor the trader.
Urgent reply is expected.
Thank you
I have a Steel Rolling Mill were I manufacture Bars, I want to inquire wether a trader can send raw material for jobwork and does it attract any taxes.
Kindly note I'm not registered with central excise nor the trader.
Urgent reply is expected.
Thank you
31 December 2012
When the process of jobworking amounts to manufacture then you will automatically become a manufacturer. Therefore the issue needs factual analysis to conclude.
31 December 2012
When the process of jobworking amounts to manufacture then you will automatically become a manufacturer. Therefore the issue needs factual analysis to conclude.
Message likes :
1 times
31 December 2012
There is not require to pay any Excise Duty b'cos u r not registered
Message likes :
1 times
02 January 2013
Actually i had heard that trader cant send material for job work wether what i heard is right. Srinivasan sir i couldnt understand Your comment can you repost it again.
If i do jobwork wether the tax liablity is on me or the trader who send the material.
If the tax liablity is on me kindly narrate the Tax rates.
If i do jobwork wether the tax liablity is on me or the trader who send the material.
If the tax liablity is on me kindly narrate the Tax rates.
02 January 2013
Were the trader supplies material for jobwork and after jobwork is completed we issue him labour bill and we do not collect taxes on him.
Thus this attracts excise duty
Thus this attracts excise duty
03 January 2013
The matter is urgent.
Hoping that it will be resolved soon
Hoping that it will be resolved soon
06 January 2013
The job work is treated as manufacturing and if you ar in the braket of limit applicable for payment of Excise Duty then Excise Duty is applicable. Why it is so, if the trader purchases finished product from the rolling mill it is Excise Paid but if all the traders supply the rawmaterial to rolling mills for job work then the Govt will never get any Excise duty so all job works to be treated as manufacturing and the excise duty is to be paid by the manufacturing units.
07 January 2013
Agarwal Sir,
Im not registered for Excise wether jobwork attracts excise duty.
Because i have done jobwork.
So is there any step to reduce that duty.
I mean can i charge service tax on the labour bill. That is Rs. 7/-kg what i take charge for jobwork can i tax service charge on Rs. 7-kg?
Im not registered for Excise wether jobwork attracts excise duty.
Because i have done jobwork.
So is there any step to reduce that duty.
I mean can i charge service tax on the labour bill. That is Rs. 7/-kg what i take charge for jobwork can i tax service charge on Rs. 7-kg?
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
