Clarification on scope of the notification entry at item id, related to job work.
Dear all,
Your association SIMA is forwarding herewith a Circular No. 126/45/2019-GST dated 22nd November 2019 issued by Tax Research Unit, Department of Revenue, Government of India regarding Clarification on the scope of the notification entry at item (id), related to job work, under heading 9988 of Notification No. 11/2017-Central Tax (Rate) dated 28-06-2017.
In the said Circular, clarification has been given on notification entry at item (id) under heading 9988 of Notification No. 11/2017-Central Tax (Rate) dated 28-06-2017 inserted with effect from 01-10-2019 to implement the recommendation of the GST Council to reduce rate of GST on all job work services, which earlier attracted 18 % rate, to 12%. It has been stated that the entry at item (id) under heading 9988 of Notification No. 11/2017-Central Tax (Rate) dated 28-06-2017 inserted with effect from 01-10-2019, prescribes 12% GST rate for all services by way of job work.
PLEASE CLICK HERE TO VIEW THE CIRCULAR.
Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
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