Yatender Sharma (Senior Accountant) (146 Points)
21 April 2012Dear all Friends
Please any tell me the right way a Dealer M/s X is registered in DVAT as a JOB WORK Dealer and he get some goods from another Dealer "Y" and put some Labour Charges on it and give back to Dealer "Y"
than problem is there where can it to shown in the DVAT Return
if I show it to Exempted Sales than there are no Purchase to Dealer "X"
because he done only job work
Advance Thanks for your reply
Parmod Raghav
(Asst. Manager)
(51 Points)
Replied 11 May 2012
Respected Sir
My que is we fill the excise return ER4 on this baise can be know that what is the Co. P & L, that it is posiable plz tell me. How
Thanks
Parmod Raghav
Yatender Sharma
(Senior Accountant)
(146 Points)
Replied 07 June 2012
Parmod Ji
But the delaer is umder the limit his annual turnover is 9 lac Approx
so thats way he is not under the Excise
Rashid Imam
(Officer (Indirect taxation))
(296 Points)
Replied 08 June 2012
As per details "X" has done only jobwork, so he is not liable to pay vat. In vat return they can show all amount in labour and service charge (whatever he recieved from B) and sevice tax will be applicable on such labour charges.
CAclubindia
