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

[KASTURI SETHI]

GST is applicable on job work. Job-worker will pay GST leviable on the product and principal can take ITC. Principal can also get the finished goods supplied (cleared) from the premises of job-worker.

[CSSANJAY MALHOTRA]

GST on Job Work @18%

[Kishan Barai]

Suppose A does job work of B , then do A have to pay GST on B Goods at the time of receiving goods from B to A [Stock Transferred]. It is obvious that A will charge 18% GST for his services but what if A is URD & B is Registered Dealer ?? It is obvious that B will pay 18% reverse charge of GST but what about stock Transferred.

Kindly elaborate both the senerios considering A as Registered Dealer & URD

Thank You

AI Summary

GST on job work applies; job-worker must charge GST and principal may claim input tax credit. GST is applicable to job work services; the job-worker must charge and remit GST while the principal may claim Input Tax Credit. One reply identifies the applicable rate for job work as 18%. Finished goods may be supplied or cleared from the job-worker's premises without loss of credit, and operational questions remain regarding stock transfers to job-workers and reverse charge interactions when parties differ in registration status.