https://www.taxtmi.com/news?id=18450 Suppliers of goods at nil GST rate (e.g., raw jute, raw silk) and agriculturists supplying produce need not register; where suppliers remain unregistered but goods are taxable (e.g., raw cotton), registered buyers must discharge tax under reverse charge. Fabrics generally attract a uniform lower GST rate irrespective of fibre, while garments and made ups under Chapters 61-63 are taxed based on per piece sale value thresholds. ITC is available on eligible inputs and job work materials subject to transitional documentary conditions; unutilised input credit is retained in the electronic ledger without refund. Job work, invoicing, HSN reporting and return timelines follow specified GST rules and turnover linked thresholds. en-us Fri, 21 Jul 2017 10:42:45 +0530 Mon, 24 Jul 2017 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18450 Suppliers of goods at nil GST rate (e.g., raw jute, raw silk) and agriculturists supplying produce need not register; where suppliers remain unregistered but goods are taxable (e.g., raw cotton), registered buyers must discharge tax under reverse charge. Fabrics generally attract a uniform lower GST rate irrespective of fibre, while garments and made ups under Chapters 61-63 are taxed based on per piece sale value thresholds. ITC is available on eligible inputs and job work materials subject to transitional documentary conditions; unutilised input credit is retained in the electronic ledger without refund. Job work, invoicing, HSN reporting and return timelines follow specified GST rules and turnover linked thresholds. News - Fri, 21 Jul 2017 10:42:45 +0530 https://www.taxtmi.com/news?id=18450