is textile cloth job worker can apply for gst compositation schem ?
if not than expalin about hsn code please?
Menu
Cloth job work
Replies (3)
yes. he can. but then he ll be paying one percent as a tax n moreover he won't be eligible to receive ITC for purchases required for his job work
Please note JOB Work is SPecificaly defined as Service.
As per Section 10 of Composition Scheme, such Scheme applies to Goods only.
Hence Composition Scheme is not applied to Job Work.
SAC for JOb work is -998821--998822
THANK YOU SIR
Recent Topic
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
Related Topics
CAclubindia
