GST ON JOB WORK CHARGES INVOICE RAISED WHO GIVEN US TO PROCESS MATERIAL UNDER JOBWORK

[Vishal Valand]

I AM JOB WORKER

AND I WANT TO KNOW GST IS APPLICABLE OR NOT

WHEN JOB WORK CHARGES INVOICE RAISED FOR PARTY

IF GST APPLICABLE PLEASE GIVE RATE

WE ARE JOB WORK ABS MATERIAL FOR STYROLUTION INDIA LTD IN GUJARAT

REGARDS

VISHAL

AI Summary

GST on Job Work: 18% Rate Applies, Principal Can Claim ITC, Reverse Charge for Unregistered Job Workers A job worker inquires about the applicability and rate of GST on job work charges for processing materials. Responses clarify that GST is applicable at 18% on job work services. The job worker is responsible for paying GST, and the principal can claim Input Tax Credit (ITC). Additionally, if the job worker is unregistered and the principal is registered, the principal must pay 18% GST under reverse charge. The discussion also addresses the implications of stock transfers between registered and unregistered dealers.