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Rewinding Service

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..... Rewinding Service
Query (Issue) Started By: - POLYPLEX CORPORATION LTD. Dated:- 4-11-2016 Last Reply Date:- 6-11-2016 Service Tax
Got 4 Replies
Service Tax
Sir We want to do some rewinding jobwork (rewinding of rolls change one side from inside to outside), As it is not amount to manufacture, we have to pay service tax. Please tell me in which category of Service we have to registe .....

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..... r with its accounting code. presently we are registered in reverse charges services and Other Taxable Services - Other than the 119 listed. Regards Sarvesh Bansal Reply By Rajagopalan Ranganathan: The Reply: Sir, It is classifiable under Business Support Service with Accounting Code 00440366 for payment of Service Tax. Bur I have my doubts whether the service tax is payable on reverse charge .....

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..... basis since Notification 30/2012-ST dated 20.6.2012 (with effect from 1.7.2012) as amended does not include Business Support Service in the list of services on which service tax is to be paid on reverse charge system.. Reply By Ganeshan Kalyani: The Reply: I guess the querist is planning to provide such service for which they would become liable to service tax under forward charge . Agreed bus .....

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..... iness support service is not covered under reverse charge list . but also need to see the taxable territory of the party under transaction . Reply By POLYPLEX CORPORATIONLTD.: The Reply: Thanks for prompt reply. So we have to registered under Business Support service. Sir we had already in Business auxiliary service, can we provide rewinding jobwork in this category? Reply By Ganeshan Kalyan .....

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..... i: The Reply: It is better to amend the registration to include the category of service. though the purpose of category of service is for statistical purpose but it is advisable to incorporate the correct type of service provided .
Discussion Forum - Knowledge Sharing .....

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