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Impact of GST on job work
Job work matters
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Services by way of job work in relation to –
Textile yarns (other than man-made fibre/filament) & textile fabricsCut and polished diamonds; precious and semi-precious stones, or plain and studded jewellery of gold and other precious metals, falling under chapter 71 of HSNPrinting of books (including Braille books), journals and periodicals Processing of leather
Taxable @ 5% with full ITC
Textile yarns (other than man-made fibre/filament) & textile fabricsCut and polished diamonds; precious and semi-precious stones, or plain and studded jewellery of gold and other precious metals, falling under chapter 71 of HSNPrinting of books (including Braille books), journals and periodicals Processing of leather
Taxable @ 5% with full ITC
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