TMI BlogGST Rate for Job WorkX X X X Extracts X X X X X X X X Extracts X X X X ..... We have a query regarding Latest GST Notification No 22 for Job Work We are doing Job work of laser cutting of iron Sheets.. a) Sometimes we provide iron ourselves and charge cost of iron (18%) and job work separately on the invoice. b) sometimes iron is supplied by client and we do job work only and we charge job-work on invoice.. My query is in above case whether GST rate would be 18 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... % or 12%.. - Reply By KASTURI SETHI - The Reply = It is 12 %. Cutting does not amount to manufacture. Manufacture - Slitting of HR/CR coils of Iron Steel sheets not amounts to manufacture Circular No. 811/8/2005-CX., dated 2-3-2005 Manufacture - Pickling and oiling of metals as preparatory steps not amount to manufacture Circular No. 927/17/2010-CX., dated 24-6-2010 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By KASTURI SETHI - The Reply = It is also covered under residual entry (serial no.26) of Notification No.11/17-CT(Rate) dated 28.6.17 as amended vide Notification No. 20/17-CT(Rate) dated 30.9.19 effective from 1.10.19. From both angles, it is 12%. Also see replies against Issue ID No.115479 dated 1.10.19 . It is expected that Board may issue clarification in this context. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Ganeshan Kalyani - The Reply = The process need to be understood. If out of the process a new product emerges then it is manufacturing process and applicable GST is 18%. And if the process does not amounts to manufacture then the rate is 12%. - Reply By atul rathod - The Reply = 1. Primarily it s based on manufacturing critiria. 2. Secondary in manufacturing also they have bifurcat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed between registered person and unregistered person. 3. If Job work is done on goods owned by registered person- 12% (entry-26(i(id))) 4. If job is done on goods owned by unregistered person -18% (entry-26(iv)). 5. If its not amount to manufacturing: than its 18%. The reason for bifuracation between registered and unregistered person is -terminology used in 26(i(iv)) is job work-which linked ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to reg person and 26(iv) is for over all linked to unresgitered as well. - GST Rate for Job Work - Query Started By: - vibhor gupta Dated:- 5-10-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
