Yes, you are right.
Services by way of job work in relation to textile and textile products falling in Chapter 50 to 63 of the First Schedule to the Customs Tariff Act 1962 is 5%
I have jeans pant washing factory.i wash jeans pant with water and chemical for colouring jeans pant for garments manufacturer.l purchase inputs 18 parcent rate.my question is what is the appropriate gst rate for my services.i have been charging 5 parcent rate .it is appropriate because it is garments related activities.please clarify in details.
Yes, you are right.
Services by way of job work in relation to textile and textile products falling in Chapter 50 to 63 of the First Schedule to the Customs Tariff Act 1962 is 5%
If you show it and bill it as job work for textile industry then it's okay.
It all depends as to how to show and describe it.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you
Based on what you said, you are a "job worker" since a part of the manufacturing of the jeans has been outsourced to you by the manufacturer.
The rate of tax on job work activity related to textile and textile products falling under chapter 50 to 63 under the service code heading (SAC) 9988 the rate of 5% vide notification No. 20/2017-Central Tax (Rate) dated 22.08.2017.
Hi
Yes it is appropriate.As per clause (68) of section 2 of the CGST Act, 2017, “job work” means any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly. The rate of tax on job work activity related to textile and textile products falling under chapter 50 to 63 under the service code heading (SAC) 9988 the rate of 5% vide notification No. 20/2017-Central Tax (Rate) dated 22.08.2017.
Dear Sir,
Services Accounting Codes 999715 is used for the Dyeing and colouring services under Goods and Service Tax classification and GST RATE ON SAC CODE 999715 is 18%. Accordingly as per the description provided by you of the services you provide gst rate @ 18% is applicable.
Thanks & Regards
Shiv Kumar Agarwal
Hello,
Yes, it is appropriate. For the services of job work in relation to textile and textile products, the rate of GST is 5%.
I hope this answer satisfies your requirements.
Regards,
CA Hunny Badlani