Painting attracts which tax?

581 views 2 replies

Articled Assistant

1671 Points Joined January 2011

Painting done & sold in the auction to the highest bidder is goods or service? Does it attract VAT, Excise or Service tax?

Replies (2)

175 Points Joined March 2011

Yes such sale attract vat,excise n service tax

Guest

y it will attract excise? where is the manufacture.

If the painter itself is selling it then VAT is applicable. No service tax.

Service tax might be attracted if auctioner is hired. taxable service def has to be seen.

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