GST on repair of Goods

[Kaustubh Karandikar]

XYZ carrying out 'Repairs and Maintenance of Moulds' for its customers and charging repairing charges for the same. W.e.f. 01.10.2019, he is required to charge 18% or 12%

AI Summary

Consensus Reached: Repair and Maintenance of Molds Subject to 18% GST Rate, Not 12% as Initially Argued. A discussion on a forum addresses the Goods and Services Tax (GST) applicable to the repair and maintenance of molds. Initially, there is uncertainty whether the GST rate should be 12% or 18%. One participant argues that repair and maintenance services are not manufacturing and should be taxed at 12%, citing a specific case law. However, other participants, after further consideration, agree that the service is subject to an 18% GST rate. The consensus is that the applicable GST rate for these services is 18%.