Suppose Mr.A supply some raw hide skin to Mr.B who is a job worker.
Mr.B process the said item into semi finished or finished goods using his machinery and chemicals.
After processing Mr.B returned the goods to Mr.A.
so at what rate of tax applicable on invoice generated by Mr.B as job work.
Should Mr.B include cost of chemical and machinery usage as job work with gst 5% or charge separately chemical and machinery usage?
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Job work of Leather and its invoice.
Replies (6)
all value are included in invoice.
and what will be tax rate?
As per Job Works...
Chemical used in job work will be included in total cost of job work?
Yes... You can. It's consumable for preparing your works.
So tax rate will be 5% on total amount including amount of chemical used in job work?
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