SERVICE TAX ON JOB WORK AS PER BUDGET 2017

[Rajeev Khulbe]

GOOD EVENING TO ALL MY EXPERT.

PLEASE CLEAR MY DOUBT REGARDING SERVICE TAX ON JOB WORK DONE FOR EXCISABLE UNIT.SIR BEFORE ANNOUNCING BUDGET 2017. IF ANY INDIVIDUAL/CO. /FIRM DOING JOB WORK FOR EXCISABLE UNIT THEN NO SERVICE TAX ADDED BY SERVICE PROVIDER.BUT SIR AS PER ANNOUNCING IN BUDGET 2017 REGARDING SERVICE TAX ON JOB WORK. SIR CAN YOU PLEASE TELL ME THAT WHAT CHANGES IN SERVICE TAX ON JOB WORK. IN BUDGET.

AI Summary

Service Tax Changes on Job Work for Excisable Units: Exemption Retained Post-2017 Budget, Excise Duty Applies if Manufacturing A discussion on a forum addressed changes in service tax on job work for excisable units following the 2017 budget announcement. Initially, job work services were exempt from service tax under the negative list, but the budget proposed removing these services from the list. However, the exemption continues under a general exemption notification. The change is effective from the enactment date, and the impact remains neutral as the exemption is retained. The discussion clarifies that excise duty must be paid if the process amounts to manufacturing, as outlined in the amended notifications.