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GsT Rate on metal forging
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.
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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