WebA recent notification Circular No. 126/45/2024-GST, stated that entry at item (id) under heading 9988 of Notification No. 11/2024-Central Tax (Rate) dated 28- 06-2024 inserted with effect from 01-10-2024 implemented to reduce rate of GST on all job work services, which earlier attracted 18 % rate, to 12%. Further it clarifies that the 12% GST ... WebOct 5, 2024 · Hence, the provision of such manpower services would liable to tax at 18 per cent and fall under Heading No. 9985. Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of ...
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WebJun 20, 2024 · Rcm under gst 1. 6/20/2024 Created by Rajan Naidu 2. What is the reverse Charge mechanism under GST the liability to pay tax by the recipient of supply of goods … WebNov 22, 2024 · Current Status of RCM Under GST. As of now, the reverse charge mechanism applies in service tax for different types of services like Manpower Supply, Insurance … cibc free account
A Complete Guide On Job Work Under GST Indien SAG Infotech
WebOn the other hand, NOS argued that the group entities cannot be called as entities falling under the manpower recruitment or supply agency and after introduction of negative list, … WebApr 11, 2024 · 1. Manpower provided to Government for the works mentioned under schedule 11 and 12 of constitution of India is exempted under GST vide entry no 3 of … Web2024-TIOL-54-AAR-GST. AIA Engineering Ltd. GST - First issue to be decided is whether the subsidised deduction made by the applicant from the employees, who are availing food in the factory would be considered as a 'supply' under the provisions of section 7 of the CGST Act, 2024 - The next question is whether the Company is eligible to take the input tax … cibc free cheques