13 November 2010
My one of frnds father is a contractor,and he is providing job work to companies for Grid,Gate,Railing,Window & etc.
But now he wants to supply of materials himself + job work.Whether he needs to registeration under sales tax for supply of material or service tax for job work. His total turnover can be nearest 35,00,000.00 during the A.Y. 2011-12
Please to suggest, what is the right procedure to start a newly proprietorship.
13 November 2010
my practical view is better go for service tax and vat registration. Other wise service tax registration under construction of commercial or residential apartments and civil structure.
if you are going to do the supply of goods you should get the sales tax registration.
for doing job work service tax is applicable. only when your value of service is more than 10 lakh in a previous year . regsitration is required if turnover exceeds Rs 9 lakh P/a