Our Client,
L&T manufactures ready-mix concrete (RMC) and transfers them to client site through transit mixers (trucks mounted with moving containers).
The purpose of moving containers is to just preserve the state of the finished goods (RMC), and there is absolutely no value addition to the RMC.
Can L&T charge its client separately for the goods (RMC) and services (transportation). ?? Goods will attract VAT and services will attract service tax.
CAclubindia
