What is HSN code for Labour job work?
The HSN CODE FOR Other employment & labour supply services n.e.c is 998519.
HSN Code 1107 to 3205 for 18% GST Rate Items Vegetable saps and extracts; pectic substances, pectinates and pectates; agar-agar and other mucilages and thickeners, whether or not modified, derived from vegetable products [other than tamarind kernel powder].06-Jan-2022
What is the HSN code for 12% GST?
HSN Code 0101 to 2202 for 12% GST Rate Items [Substituted w.e.f. 01.01. 2022 vide Notification No. 18/2021-Integrated Tax (Rate), G.S.R. 893(E) dated 28.12.06-Jan-2022
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%.
What is GST rate on labour job?
As per the clauses of Section 2(68) of the Central GST Act, Job Work is the processing/treatment for the final transformation of the goods belonging to the other registered person.FAQs Related to Job Work Mechanism & its Compliance Under GST.
Any manpower services such as drivers, data entry operators and other clerical staff, security services, and housekeeping services supplied to a person (whether or not business) attract GST at 18%.15-Jul-2022
Is GST 12% or 18 %?
GST Rates on Services The passed GST rates slabs from the GST council consists of NIL, 5%, 12%, 18%, 28% rates on different services.22-Jul-2022
Tamil Nadu
Which state GST code is 27?
Maharashtra
12% GST Goods. Items with 12 Percent GST as on 18.07. 2022
What is GST in HSN code 9954?
GST Tax Rate: 18%
21069099. FOOD PREPARATIONS NOT ELSEWHERE SPECIFIED OR INCLUDED - OTHER : OTHER : OTHER.
What is new GST rate?
Hotel accommodation rates up to Rs 1,000 per day will now be now taxed at 12%. 5% GST will be levied on non-ICU hospital rooms with room rent above Rs 5,000 per day. 18 % Goods and Services Tax (GST) will be applicable on bank cheque book/loose leaf cheques and 12 % on maps, atlas, and globes.20-Jul-2022
HSN Code 0202 to 1005 for 5% GST Rate Items [Substituted w.e.f. 01.01. 2022 vide Notification No. 18/2021-Integrated Tax (Rate), G.S.R. 893(E) dated 28.12.07-Jan-2022
How do I check my HSN?
For example, if you are selling fresh bananas, you can find your HSN code under Section 02: Vegetable Products, Chapter 08: Edible fruits and nuts; peel of citrus fruits or melons, Heading 03: Bananas including Plantains, Subheading 9010: Bananas, fresh. Your HSN code will be 0803.
Manufacturing Services.
What is the GST rate for HSN code 9988?
5%
A payment received by an individual under a labour hire arrangement as specified in section 12-60 does not satisfy the requirements of a taxable supply and is not subject to GST.
What is HSN code for repair and maintenance?
The HSN CODE FOR Maintenance, repair and installation (except construction) services is 9987.
9954
Do I charge GST on labour and materials?
GST and HST charges are made on both the labour and the cost of materials. Many contractors choose to charge the GST or HST on the cost of the whole project. Others will break down their invoice to show the cost of labour and materials, especially if the client is paying the for the materials out of their own pocket.
What is HSN code for Labour job work?