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job work taxation, VAT + CST

Issue Id: - 111611
Dated: 13-3-2017
By:- chetan kumar

job work taxation


  • Contents

I saw.a purchase bill of job work of auto mobile manufactoring comp. Of punjab . There was mentioned that only 60 percent of portion was taxable in VAT. . Entry was s below

party name. dr.

To cenvat (on full value)

To Vat input(on 60 percen value)

To surcharge on vat input

To job work(60 percent)

To jobwork taxfree(40 percent )

. Even in some entries excise, vat and st is chrged at once. Pls clear my doubt..

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1 Dated: 13-3-2017
By:- YAGAY AND SUN

Already replied. Please check query no. 111609.


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