57f(4) under service tax act, Service Tax

[rajesh k]

sir ,

           we have received the raw material from my customer under 57f(4) for doing job work. so my quistion is we have to raise the bill with service tax or with out service tax?.

Posts / Replies

[vijay kumar]

Please go through Notification No.8/2005-ST. If the process undertaken by you amounts to manufacture in terms of sec 2(f) of central Excise Act,1944 and the job-worked goods are returned to the supplier and are used in further manufacture and duty is paid on the final product, then no service tax is payable. The said notification grants exemption from payment of Service Tax under BAS in the given situation. In case of further doubt, please mention the details of process undertaken by you and the supplier and whether the final product suffers duty.

[rakshit verma]

57 F (4) is used only when the supplier is paying excise duty. Hence bills are to be raised without payment of duty.

 

Advocate Rakshit verma

[Pradeep Khatri]

Please also refer Notification No. 19/2005-ST. in this regard.

[Dilip Darji]

Dear Sir.

Reply given by Mr.Vijayhumar is absolutely right.

At present Rule 57 F (4) is not in existansace at all.