My client doing Job work for Principle manufacturer both situated in different state. What is the SAC code for Job work ?
Service accounting code of Job work
Classification of job-work services depends on the nature of the intermediate operation and the nomenclature of the final product. Intermediate production performed as job-work - such as cutting and sizing stainless steel sheets for use in manufacturing utensils - is classifiable as a job-work service under 9986, with the precise classification determined by the character of the final goods and the specific processing undertaken. (AI Summary)
TaxTMI