HI ALL
I AM WORKING IN A MANUFACTURING CO. AND THE COMPANY IS REGISTERED IN BOTH EXCISE AND SERVICE TAX DEPTT. MY CO. IS ENGAGED IN REPAIR AND RECONDITIONING OF INDUSTRIAL MACHINERY.
IE OUR COMPANY RECD. DAMAGED MACHINERY OR MACHINERY PARTS FROM ITS CUSTOMERS (COMPANY) AND REPAIR THE SAME. IN THE REPAIR PROCESS THERE WAS 60% OF MATERIAL INPUT AND 40 % MACHINING CHARGES WERE CHARGES FROM THE CUSTOMER CO. FOR REPAIR OF MACHINERY OR / MACHINERY PARTS.
THE QUESTION IS CAN WE ISSUE AN INVOICE FOR BOTH MATERIAL INPUT SALE AND MACHINING CHARGES IN ONE INVOICE AFTER CHARGING EXCISE DUTY AND VAT ON MATERIAL VALUE AND SERVICE TAX ON MACHINING CHARGES (IE LABOUR). OR ISSUE A SEPERATE INVOICE FOR MATERIAL AND MACHINING CHARGES AFTER CHARGING EXCISE AND VAT ON MATERIAL AND SERVICE TAX ON MACHINING.
IF WE ISSUE ONE INVOICE FOR BOTH MATERIAL INPUT AND MACHINING CHARGES WHAT PROBLEM WE HAVE TO FACE IN FUTURE WITH DEPTT. OF EXCISE AND SERVICE TAX
PLEASE SUGGEST LEGAL OPINION IN THIS REGARDS
THANKS IN ADVANCE