TMI BlogIMPORT OF FREE ISSUE MATERAL-Required ProcedureX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have one order to be executed at our Unit under the following Conditions : Customer will issue us required Free Issue Material for working. We will undergo for a Fabrication work (Labor C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... harges Only) at our shop (without any material belonging to our ownership, not even consumables). We will bill them only for Labor Charges. We require your advise on following ground : We are the comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lications in nature of Excise Custom formalities for import of Free Issue material and Export of Finished Product. What is the regulation in terms of Service Tax because we are billing them for labo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r charges Whether Service Tax will be leviable or not ? Regards, Hitendra dave - Reply By Surender Gupta - The Reply = Your issue needs to be visited in detail since it is to be ascertained th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e nature of transaction. It is required to be ascertain that the resulting product / finished goods are in the nature of manufacture and excisable product or not? Once this issue is ascertained, the i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssue of levy of service tax on the impugned activity would become easy to decide. - IMPORT OF FREE ISSUE MATERAL-Required Procedure - Query Started By: - HITENDRA DAVE Dated:- 26-7-2010 Customs - Imp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ort - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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