10 May 2011
Our company is trading company and registered under first stage excise register dealer.
Query:
If we take packaging contract alongwith supply of material and man power. If we confirm the contract per ton basis, how we pass on the excise and service tax benefit to the principal. What is a works contract and how it works.
13 May 2011
There are two different registrations required by you :- Excise Registraion You have already registered as a First Stage Excise Dealer and hence you can issue Bill for packaging material supplied by you (i.e. used by you while packaging) and pass the excise duty.
Service Tax you have to register you self for Man Power Supply (Please check Thrash hold Exemption)and can raise the Bills with Service Tax for the Labour Work done by you.
CAclubindia
