Indirect taxation
This query is : Resolved
13 July 2010
Does Job work amounts to Manufacture?
13 July 2010
Job work amounts to manufacture.
Generally there are several cases infavour of and against this issue.
It all depends on the nature of goods.
However as per Central Excise Rules, Jobworker has to obtain Registration.
Generally there are several cases infavour of and against this issue.
It all depends on the nature of goods.
However as per Central Excise Rules, Jobworker has to obtain Registration.
13 July 2010
We are availing deduction under 80-IA and our unit also does job work for our other branch which doesnt come in any exemption. I want to know whether job work income will be exempt in case it amounts to manufacture?
14 July 2010
good one... Since your unit is already availaing deduction of 80IA than yes it is manufacture process and liable for excise...
Yes if its falling under 80IA than yes....
Yes if its falling under 80IA than yes....
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- What is meaning of cumulative method of interest
- Interest of FDs is taxable on an accrual basis also
- What is meaning of mismatch of group in accounting
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
