Gst rate on jobwork

Job work service:

 

To reduce rate of GST from 5% to 1.5% on supply of job work services in relation to diamonds. 

 

To reduce rate of GST from 18% to 12% on supply of machine job work such as in engineering industry, except supply of job work in relation to bus body building which would remain at 18%.

 

Revised rate of GST w.e.f 01.10.2019

Thank you so much brother

You are most welcome Bro...

The GST council also cut the tax rate on job work for engineering services to 12% from 18% and on diamond supply to 1.5% from 5%.

This is w.e.f 1-10-2019