https://www.taxtmi.com/forum/issue?id=115534 Whether a treatment or process on goods belonging to a registered principal is classified as job work or as manufacture determines the applicable GST rate: treatment/process on goods of a registered principal that remains within the scope of job work is treated under SAC 9988 and attracts the lower job-work rate, while operations that result in a new, marketable product amounting to manufacture may be treated as manufacturing service and taxed at a higher rate; Board Circular No. 38/12/2018 permits use of own inputs by job workers and a later CBIC circular is reported to confirm lower treatment for job work on goods of registered persons. en-us Tue, 15 Oct 2019 17:02:50 +0530 Thu, 23 Jan 2025 15:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115534 Whether a treatment or process on goods belonging to a registered principal is classified as job work or as manufacture determines the applicable GST rate: treatment/process on goods of a registered principal that remains within the scope of job work is treated under SAC 9988 and attracts the lower job-work rate, while operations that result in a new, marketable product amounting to manufacture may be treated as manufacturing service and taxed at a higher rate; Board Circular No. 38/12/2018 permits use of own inputs by job workers and a later CBIC circular is reported to confirm lower treatment for job work on goods of registered persons. Discussion-Forum GST Tue, 15 Oct 2019 17:02:50 +0530 https://www.taxtmi.com/forum/issue?id=115534