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Works Contract case

VAT and Sales Tax - Started By: - Srivatsan Krishnamachari - Dated:- 21-1-2017 Last Replied Date:- 23-1-2017 - Dear Experts,Kindly clarify my below point :a) Works contract under composition scheme : we are undertaking contract under WCT composition scheme. Where as in my supply, excisable material also involved. Now i wish to raise Excise invoice for the excisable material based on the cost +10% basis to avoid excise litigation and for the total value of bill with WCT and for service tax 40% va .....

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Krishnamachari Ji, I support the views of M/s. Yagay & SUN and Sh.Mariappan Govindarajan, Sir. - Reply By Ganeshan Kalyani - The Reply = You are providing works contract service which is a service and Service tax is applicable. Excise duty will not be applicable. - Reply By Mukund Thakkar - The Reply = Dear Srivatsan Krishnamachari,it is seems your company is manufacturer and service provider both. when you cleared goods you have to pay the excise duty.and after the sales if you provide the .....

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