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Diff.between job work and manufacturing services
we all know about recently changes in job work gst rates, but I have confuse about job work and manufacturing services, so pls advise
Replies (1)
In term of Notification 20/2019 CT Rate : GST rate for supply of Machine job work has been reduced from 18 to 12 percent .
And the Rate of 12 % is applicable on same will be only when the Principal who is supplying goods to job worker is Registered.
Hence if the Principal is URD then GST is 18%
And the Rate of 12 % is applicable on same will be only when the Principal who is supplying goods to job worker is Registered.
Hence if the Principal is URD then GST is 18%
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