is textile cloth job worker can apply for gst compositation schem ?
if not than expalin about hsn code please?
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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
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