My Clint doing job work for Principle manufacturer and both are situated in different states.
The Job worker receive Stainless Steel Patti /Patta / sheet hot or cold for further process such like cut- to size ( Thickness, with , length) as required by principle manufacturer. And said manufacturer use these size making for utensils items & other house hold articles.
What is the Service accounting code of Job work?
Job work for processing stainless steel sheets classified under HSN Code 99889 with 18% GST rate on charges. A query was raised regarding the appropriate service accounting code for job work under the Goods and Services Tax (GST) framework. The job work involves processing stainless steel sheets into specific sizes as required by a principal manufacturer, with both parties located in different states. The response indicated that the job work service might fall under the Harmonized System of Nomenclature (HSN) Code 99889, with an applicable GST rate of 18% on the job charges. (AI Summary)