in jewellery given for job charges and making charges and it will attract rcm and if it is applicable rcm then how much
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) for jewellery businesses concerning job charges and making charges. It addresses how RCM applies to jewellery provided for job work and the associated making charges, and seeks to determine the applicable RCM rate for such transactions.