I am a job worker, providing job working to manufactures, previously job worker were exempt to charge tax on services provided to manufacture.
PLS explain me the current scenario under GST
Menu
GST ON JONWORK
Replies (3)
Under the GST scenario also, GST shall not be levied on the services provided by the job worker.
However, if the turnover of the job worker exceeds the threshold limit then GST shall be levied on the services.
What's the threshold limit pls explain
Threshold limit is Rs. 20 Lacs.
If the total turnover of the job worker is Rs. 20 lacs or more in the preceeding FY then he needs to take registration.
Recent Topic
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
Related Topics
CAclubindia
