Hello everyone.Can anyone tell me whether fabrication of steel is being covered under service tax or vat.
Ankit Jain (CMA) (89 Points)
05 March 2011Hello everyone.Can anyone tell me whether fabrication of steel is being covered under service tax or vat.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 05 March 2011
if work is done on works contract basis then service tax / vat both applicable,
if work is done incidental for any party, then service tax only applicable.
if work is done with self materials without getting any raw materials from party then only vat applicable.