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TMI BlogTAXABILITYX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether textile processing such as tailoring, dying. fabrication, embroidery and other similar activities are works contract or not ? - Reply By rishi mohan - The Reply = In the above case.Works c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ontractor is not required to charge 4 percent VAT on 33 percent of value of the invoice. Being 4 percent a composition one and VAT at the rate of 4 percent should be paid on total value. However ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Service tax is payable on 67 percent value at the rate of 12.36 percent with the CENVAT credit of inputs/input services. - Reply By Madhukar N Hiregange - The Reply = In tailoring there is no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... transfer of property and therefore not a WC. Not liable under ST also. Dying- to the extent of transfer of property, it is liable. To extent of consumables used not liable . Exempt as intermediary ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... processing relation to textile Embroidery maybe liable as thread transferred to that extent. NO ST due to same reason as above. - TAXABILITY - Query Started By: - LAXMIKANT ARORA Dated:- 8-5-2014 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment - taxmanagementindia.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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