job works (composite scheme)
This query is : Resolved
27 June 2017
whether a jobworker can apply in composite scheme for gst registration if turnover is less than 75/ lacs annually. And what will be the rate of gst for work Done by him.
27 June 2017
Job worker can avail composition scheme but there are some restriction as
benefits of composition scheme are not available to certain categories of persons, such as one,
If person is engaged in the supply of services, or Person makes any supply of goods which are not leviable to tax under the GST, or person makes any inter-State outward supplies of goods.
So, if the process undertaken by the job worker amounts to manufacture/ deemed manufacture of goods, then such job worker is eligible to opt for composition scheme. If any process does not amount to manufacture/deemed manufacture or services only, then such job worker is not eligible for composition scheme.
benefits of composition scheme are not available to certain categories of persons, such as one,
If person is engaged in the supply of services, or Person makes any supply of goods which are not leviable to tax under the GST, or person makes any inter-State outward supplies of goods.
So, if the process undertaken by the job worker amounts to manufacture/ deemed manufacture of goods, then such job worker is eligible to opt for composition scheme. If any process does not amount to manufacture/deemed manufacture or services only, then such job worker is not eligible for composition scheme.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
