Hi,
This is my first post on this forum and i'm all excited :)
My question is as follows:
We plan to assemble invertor. Main unit and battery will be purchased seperately. (say from Vendor A and Vendor B respectively) The final assembly will be done at our premises. The assembly process will involve taking battery (from vendor B) and putting it into Main Unit (from vendor A)
The MRP of the final product will be decided by us. Now, given this background I want to know what type of tax structure do this business process fall into ?
The size of project is less than 1.5 Cr.
Best rgds,
Cw~
CAclubindia
