Job work on gold jewelelry

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 April 2015 1) ABC company issues gold and diamond to XYZ company. XYZ company manufacture jewellery/ornaments and return this to ABC Company and charges its labour charges.
Is such type of jobwork shall attaract service tax. if yes, rate of service tax. if no why.



2) Is excise duty is levied on manufacturing of unbranded jewellery of gold.


my email id :- satyabhardwaj2006@rediffmail.com

15 April 2015 1) This job work is a manufacturing process under excise, hence service tax will not be applicable on the same.

2)At present excise duty is not levied on manufacturing of unbranded jewellery.



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