Ganesan (Junior Executive - Accounts) 15 October 2019
We are doing job work activities to aviation customers for the Mfr of Rubber product & Metal Product. Now we charged GST @ 18%. and Using SAC Code 9988 [ (ii) Manufacturing services on physical inputs (goods) owned by others, other than (i) above.]
As per Not.No. 20/2019- Central Tax (Rate), GST rate will be change @ 12%.
Kindly suggest us, can we implement GST @ 12 % for further job work activities for rubber product and metal product ?
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CA Dhruva Kalamanji (Chartered Accountant ) 15 October 2019
as per notification if tax rate is reduced then you can implement the same. notification will also specify the date for effective commencement.
honestly i have not seen that 20/2019 notifications. however if notification reduces rate then from effective date you can also implement
kindly share me the notification you have quoted at below mail
You can also write to me at sthayin @ gmail for further assistance
Aniket (Article Assistant) 31 October 2019
Kindly guide me for 6 Digit SAC Code for Engineering Job Work as currently we are using 9988 SAC but in the coming month we will require 6 Digit SAC Code which i am unable to find in GST Tarrif
|Chapter / Section / Heading||Descripttion of Service||CGST||SGST/UTGST||IGST|
|Heading 9988 (Manufacturing services on physical inputs (goods) owned by others)||(id) Services by way of job work other than (i), (ia), (ib) and (ic) above;||6||6||12|