Sir,
We are doing screen printing business at job work basis. We put printing on contractor's container using our material like ink, thinner and so on. Our TO is below 60 lakhs. Kindly clarify whether we come under service tax liability or not.
saravana kumar (Student) (50 Points)
20 April 2012Sir,
We are doing screen printing business at job work basis. We put printing on contractor's container using our material like ink, thinner and so on. Our TO is below 60 lakhs. Kindly clarify whether we come under service tax liability or not.
Devendra
(Chartered Accountant)
(4775 Points)
Replied 20 April 2012
Printing does not attract Service Tax. Printing is a Job Work and VAT is levied on Printing @ 5%. So dont worry, there is no need to register under Service Tax.
Regards,
Devendra Kulkarni
MIHEER DESAI
(PARTNER)
(24 Points)
Replied 06 July 2012
Dear Sir.
We run a printing press in mumbai. our main job is printing, binding, designing, etc.
Sometimes Design is provided by Party which we print on papers supplied by us.
( Paper, Ink, Plates, etc. provided by us) at the time of billing we mention - Printed Material (Item Descriptttion only)
Is service tax applicable on the same?
Also for job work - paper supplied by sub-agents we print as per there requirement....is service tax applicable above MVAT @ 5% ?
Our Turn Over is 25 Lakhs as per last financial year.
Is there any exemption on printing industry under service tax? if so under which rule?
your proper guidance will be highly appreciated.
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