We are supplying materials to JOB work which have 18% rate.
The finished goods they transfer have only 5% GST.
how cab we avoid this loss due to rate difference.
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JOB WORK with different rate.
Replies (4)
Do you sale to them? or supply on foc basis and then they deliver material back to you and you sale them
Its sale to job work @ 18%.
returned as a purchase @ 5%.
returned as a purchase @ 5%.
Do one thing dont sale to then just send them your material and after getting it finished sale them @ 5% for job work service recieve seperate bill.then this we will cone under inverted duty structure scheme and you can claim refund for same on inputs by rule 89 and form gst rfd01
Thats not possible. only sale will do due to some practical difficulties.
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