Valuation rules for Job Work

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Student
590 Points Posted on 27 May 2020

Job work transaction is not taxable under GST... What if principal and job worker are related parties... Is it totally exempt or valuation rules apply? 

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On 27 May 2020 at 23:26 Report
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This discussion clarifies the taxability of job work under GST. While goods sent for job work are not taxed, the charges incurred for the job work itself are taxable. It further explores the implications when the principal and job worker are related parties, questioning whether such transactions are exempt or subject to specific valuation rules, akin to interbranch supplies.

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Student
590 Points Posted on 27 May 2020

I mean is it taxable as interbranch supply or exempted as transfer for job work?? 

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On 27 May 2020 at 23:31
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GST Practitioner
55067 Points Posted on 29 May 2020
Job work is taxable in GST .
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On 29 May 2020 at 00:51
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accountant
519 Points Posted on 29 May 2020
Goods sent for job work is not taxable as send the goods with delivery challan but the jobwork charges are taxable.
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On 29 May 2020 at 09:35

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