GsT Rate on metal forging

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49 Points Joined April 2018
Is the rate is 12℅ or 18% on metal forging job work, kindly advice
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On 19 December 2024 at 12:00 Report
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Master in Accounts & high court Advocate
9434 Points Joined December 2011

The GST rate for metal forging job work is 18%.¹ This rate applies to machine-tools, including presses, for working metal by forging, hammering, or die-stamping.

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On 19 December 2024 at 13:07
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49 Points Joined April 2018
Sir, whether it's same for forging and engineering job work, any circular, notification for supporting. kindly provide
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On 19 December 2024 at 13:29
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Master in Accounts & high court Advocate
9434 Points Joined December 2011

The GST rate for metal forging job work is 18%.¹ This rate applies to machine-tools, including presses, for working metal by forging, hammering, or die-stamping. Regarding engineering job work, the GST rate is also 18%. This rate applies to various engineering services, including machine-tool services. Here are some relevant HSN codes and GST rates for forging and engineering job work: - *Forging Machines*: 8462 (GST rate: 18%) - *Machine-Tools for Working Metal*: 8462 (GST rate: 18%) - *Engineering Services*: Various HSN codes, including 9986 (GST rate: 18%) For more information, you can refer to the following: - GST Council's notifications and circulars on the GST website - ClearTax's article on GST rates and HSN codes for forging machines.

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On 19 December 2024 at 13:48


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