Web22 nov. 2024 · The GST on MMF, MMF Yarn and MMF Fabrics were 18%, 12% and 5% respectively. The government on Monday said that the uniform goods and services tax ( … WebJob work means undertaking any treatment or process by a person on goods belonging to another registered taxable person. The person who is treating or processing the goods belonging to other person is called ‘job worker’ and the person to whom the goods belongs is called ‘principal’.
GST on Raw materials for Garments, Garments & Job Work
WebJob Work GST Rate Kniting (Yarn to Grey) 5 Dyeing (Grey cloth to dyed cloth) 5 ... 5 . GST on Raw materials for Garments, Garments & Job Work Material Rate of GST (In %) Fabric Cutting (Fabric is cut in cloth bit) 18 Chest Embroidery (Embroidery on cloth bit) 18 Chest Printing (Printing on cloth bit) 18 Sewing (Swing on cloth bit) 18 http://www.srtepc.org/gallery/view/29787 different word for job position
TDS on Job Work – Section 194C of Income Tax Act
Webindependent fabric processors (job workers) in the textile sector asked clarification form GST department about supplying job work services are eligible for ... Web30 jun. 2024 · 1) Under the VAT taxation system, there is no tax on job work done in the Garment and apparel industry, as it is considered a ‘subsequent process’ in the manufacture of textile products and not a service. However, under GST, there is 18 per cent levy has been introduced. WebApplicable Tax rate for Job work services? The GST rate depends on the job work and therefore it can be bifurcated as Exempt under GST, 5% GST rate, 12% GST rate and … different word for learned