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Gst on textile job work charges
on what amount GST 5% would apply?
e.g. Job worker receives sarees from Principal Manufacturer of Rs.1,00,000 and do job work of Rs. 30,000 and then returns sarees to Principal Manufacturer, then I think GST should be on only Rs.20,000
am I correct??
Replies (2)
no your profit margin is a part of value of supply
so it's on rs. 30000
so it's on rs. 30000
thank you sir
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