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GST FOR JON WORK.

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I am job worker. I received raw material from company and do job work on it , return the finished component to that company,my turnover is below 20 lakh. they ask me for GST service code on bill under which I am doing job work.
please let me know which category my business fall ?
I need to pay GST ?
Replies (8)
pk give your product name.
9988XX SAC code
you need to pay GST at 18% on taxable value on your job work bill.
you need to pay GST at 18% on taxable value on your job work bill.
SAC code 9988XX. Last two digits in sac code depends upon type of process you are doing on principal's material on job work basis.
Thanks all,I am doing inductor (electronic component) manufacturing. what is SAC code for this.
998874___ computer, electronic and optical product manufacturing service.

998875___ electrical equipment manufacturing services

998898___ other manufacturing services n.e.c.


As ur product is electronic, 998874 will be appropriate.
thanks mr.Ashish...


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