https://www.taxtmi.com/article/detailed?id=8183 Where contract brewing units purchase and own raw materials, manufacture branded beer under the brand owner's specifications, sell the product and retain manufacturing costs and profit, such activity does not qualify as job work; the CBUs' retained profit is not a taxable service receipt. However, amounts remitted to the brand owner characterised as brand fee and residual surplus are treated as consideration for a residual service supplied to the brand owner and are subject to GST at the rate applicable to that residual service. en-us Sat, 29 Sep 2018 06:45:06 +0530 Sat, 29 Sep 2018 06:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8183 Where contract brewing units purchase and own raw materials, manufacture branded beer under the brand owner's specifications, sell the product and retain manufacturing costs and profit, such activity does not qualify as job work; the CBUs' retained profit is not a taxable service receipt. However, amounts remitted to the brand owner characterised as brand fee and residual surplus are treated as consideration for a residual service supplied to the brand owner and are subject to GST at the rate applicable to that residual service. Articles Goods and Services Tax - GST Sat, 29 Sep 2018 06:45:06 +0530 https://www.taxtmi.com/article/detailed?id=8183