I AM PURCHASING GOLD BAR AND SENT IT TO UNREGISTERED JOBWORKER TO MAKE ORNAMENTS. SO WILL I HAVE TO PAY 3% AS PER RCM AS GOODS RECEIVED FROM UNREGISTERED SUPPLIER???
SIR I DID NOT UNDERSTAND
AS PER SECTION 43A IF JOBWORKER PROCESS GOODS FOR REGISTERED PERSON THAN IT WILL CONSTRUCT JOBWORK .IN MINE CASE ALSO I AM REGISTERED DEALER PURCHASING GOLD BAR AND SENT IT TO UNREGISTERED JOBWORKER . SO WILL I HAVE TO PAY GST ON MAKING CHARGE OF HIM @ 5% AS PER RCM OR I HAVE TO PAY 3% ON VALUE OF GOODS AS PER RCM OR NILL ??
Nil.................... subject to some complience......... only job work charges, to unregistered job-worker.(assuming total charges per annum <20 lakhs)....