service tax on fabrication
This query is : Open
08 September 2009
Service tax is payable on Erection, commissioning or installation of plant,machinery or euipments.
is service tax payable on fabrication?
The activity of fabrication is a pre-stage of erection. The item is first fabricated then its erected and installed.
is service tax payable on fabrication?
The activity of fabrication is a pre-stage of erection. The item is first fabricated then its erected and installed.
08 September 2009
I guess it should on fabri also. pelase cross check i am not sure
09 September 2009
Dear Mr Ramesh,
Meaning of Fabrication means Building of machines and structures and other equipments by cutting, shaping and assembling components made from raw materials.
If you are fabricating and selling the end product, according to me, there is no service tax.
However, if those products are erected, installed or commissioned, then on the services rendered in connection with such erection, installation and commissioning alone are chargeable to service tax, in line with Section 65 (39a.
Thanks.
Sarathy
Meaning of Fabrication means Building of machines and structures and other equipments by cutting, shaping and assembling components made from raw materials.
If you are fabricating and selling the end product, according to me, there is no service tax.
However, if those products are erected, installed or commissioned, then on the services rendered in connection with such erection, installation and commissioning alone are chargeable to service tax, in line with Section 65 (39a.
Thanks.
Sarathy
09 September 2009
Dear Mr. Sarathy
i'm agreed with your quotes. Since I didn't find any clear guidelines on this issue so i've a little doubt that if such end product is movable then it may attract S/tax.
i'm agreed with your quotes. Since I didn't find any clear guidelines on this issue so i've a little doubt that if such end product is movable then it may attract S/tax.
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
