CA Abbasali H. Bhaisaheb (Working as A FACULY FOR CA STUDENTS) (1127 Points)
04 September 2017
Alikoya
(72 Points)
Replied 06 September 2017
CA Abbasali H. Bhaisaheb
(Working as A FACULY FOR CA STUDENTS)
(1127 Points)
Replied 06 September 2017
sanjay balande
(Assistant Manager (Accounts & Indirect Taxes))
(103 Points)
Replied 06 September 2017
IT IS A JOB WORK. PRINTING AND USING PAPER IS ANCILLARY TO THE MAIN JOB.
IF A JOB WORKER'S TURNOVER IS BELOW RS. 20 LAKH AND HE HAS NOT REGISTERED UNDER GST, THEN ONGC HAS TO PAY GST 18% (CGST-9%, SGST-9%) ON REVERSE CHARGE BASIS AND AVAIL THE INPUT CREDIT.
sanjay balande
(Assistant Manager (Accounts & Indirect Taxes))
(103 Points)
Replied 06 September 2017
IT IS A JOB WORK. PRINTING AND USING PAPER IS ANCILLARY TO THE MAIN JOB.
IF A JOB WORKER'S TURNOVER IS BELOW RS. 20 LAKH AND HE HAS NOT REGISTERED UNDER GST, THEN ONGC HAS TO PAY GST 18% (CGST-9%, SGST-9%) ON REVERSE CHARGE BASIS AND AVAIL THE INPUT CREDIT.
CAclubindia
