Service tax on profit earned on Sale of Goods in Transit

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..... Service tax on profit earned on Sale of Goods in Transit
Query (Issue) Started By: - Mukund Honkan Dated:- 29-10-2012 Last Reply Date:- 31-10-2012 Service Tax
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Service Tax
A co .....

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..... .is undertaking turnkey contracts wherein supply & errection contracts are entered separately.In some instances a company is buying from vendors & directly supplying the same to project sites.Company .....

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..... is paying sercice tax on errection bills & excise on supplies from its manufacturing unit.Can service tax dept charge servicetax on difference in price of supplies ,given to vendor & charged to client .....

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..... , in pretext of co falls under works contracts Mukund M Honkan Reply By Pradeep Khatri: The Reply: No service tax is payable on sale of goods on profit under Transit Sale under CST Act.
Discussi .....

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..... on Forum - Knowledge Sharing .....

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