WebSAC Code 998873 – Other fabricated metal product manufacturing and metal treatment services. SAC Code 998874 – Computer, electronic and optical product manufacturing services. SAC Code 998875 – Electrical equipment manufacturing services. SAC Code 998876 – General-purpose machinery manufacturing services n.e.c. WebEnter HS Code. HSN Code. Product Description. 4418. Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring panels, shingles and shakes. 44184000. Shuttering for concrete constructional work.
Turnkey Project Under GST - Composite Supply Vs Works Contract …
WebApr 3, 2024 · Issuing E-Way Bills in Case of Job Work. If the principal is located in a different state, and he is sending the goods to job worker who is located in another state, the principal has to generate the e-way bill compulsorily. Threshold limit of Rs. 50,000 doesn’t apply in this case; hence even if the value of goods sent to job worker is less ... WebHSN Code 3824. Prepared binders for foundry moulds or cores; chemical products and preparations for the chemical or allied industries, incl. mixtures of natural products, n.e.s. … how to set up consulting business
SAC Codes: SAC Code 9954 & SAC Code for Job Works
WebStep 2: On the dashboard, go to ‘Services’ > ‘Registration’ > ‘Amendment of Registration Non-core fields’. Step 3: Next, click on the ‘Goods and Services’ tab. Step 4: Click on the ‘Goods’ … Works contracts consisted of three kinds of taxable activities as per the previous law. It involved supply of goods as well as supply of services. If a new product was created during the works contract, then such manufacture became a taxable event. Previously, the supply of goods was taxable in the form of VAT … See more Unlike the previous VAT and Service Tax regulations, the term “Works Contract” has been limited to any work performed for a “Immovable Property” under GST. … See more GST Law mentions that input tax credit is not available for- 1. works contracts services when supplied for construction of immovable property, other than plant and … See more No abatement had been prescribed for works contract service under GST. Previously, VAT was payable on the works contract. Service tax was paid @15% on … See more The GST rates applicable for various class of works contracts are as follows: *1. Provided that the carpet area of the affordable residential apartments as … See more WebAnswer (1 of 13): I can understand from where you are coming, There was some confusion before the rates were finalized. Now it is crystal clear. Now Works Contract is categorized as service. There are two types of rates for Works Contract 12%- For Works contract related to construction or buil... nothing bundt cakes goleta menu