Proprietory Concern is running the hard anodizing unit Job work activities from bangalore and doing the job for their client which is situated in karnataka and tamilnadu also. so pl give opinion about vat deduction and service tax whether it will chargeable or not???
bcoz till now we are doing like we issue invoice without mentioned vat amount..
prinicipal give part we do hard anodizing and after that we return that material back we use some chemical that we purchased by own
what are the legal requirement is there for job work plz suggest for vat,cst ,service tax purpose and excise also
and what if turnover exceed 150 cr in future
please help me out
waiting for positive reply
thanks and regard
Proprietorship Seeks Guidance on VAT, CST, and Service Tax for Hard Anodizing Services; Queries on Turnover Exceeding 150 Crore A proprietorship in Bangalore is seeking advice on VAT, CST, and service tax obligations for their hard anodizing job work services provided to clients in Karnataka and Tamil Nadu. They currently issue invoices without VAT and are unsure about the tax implications, particularly concerning the use of self-purchased chemicals. They also inquire about the legal requirements for job work and potential tax implications if their turnover exceeds 150 crore in the future. The individual is looking for guidance on compliance with VAT, CST, service tax, and excise duties. (AI Summary)