Applicability of composition scheme_urgent
This query is : Open
25 August 2017
Under GST if process undertaken by the job worker amounts to manufacture/deemed manufacture of goods then such job worker is eligible to opt for composition scheme
Nature of Job Work undertaken by us:-
We are engaged in amateur coil winding
We receive copper wire, stator and other materials from the principle and then we do amateur coil winding. This is then again sent to the principle for assembling of the Fan.
Query:-
1. Is Composition Scheme applicable to us?
2. What is the rate of GST applicable?
Please help us on this issue at the earliest.
Nature of Job Work undertaken by us:-
We are engaged in amateur coil winding
We receive copper wire, stator and other materials from the principle and then we do amateur coil winding. This is then again sent to the principle for assembling of the Fan.
Query:-
1. Is Composition Scheme applicable to us?
2. What is the rate of GST applicable?
Please help us on this issue at the earliest.
25 August 2017
No you can't opt to composition scheme. Bcoz, Your works are service related....
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