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Gst heading 9988

WebNov 4, 2024 · This article gives GST Exemption list for services. Explore Products. QuickBooks Blog. Accounting ... (57) Heading 9988 or any other Heading of Section 8 and Section 9. Services by way of pre-conditioning, precooling, ripening, waxing, retail packing, labelling of fruits and vegetables which do not change or alter the essential … WebDecoding SAC 998813. First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. First 5 digits, (99881) represents group number. This group is for Food, beverage and tobacco manufacturing services. 6 digit SAC code, (998813) represents service.

Changes in Job Work GST rates – Differently Decoded

WebMar 10, 2024 · Sir, Please refer to Sl. No. 26 (ii) of Notification No. 11/2024-Central Tax (Rate) for services. The rate specified is 9% CGST + 9% SGST. This rate is applicable to (i) 9988- Manufacturing services on physical inputs (goods) owned by others, (ii) 99889-Other manufacturing services and (iii) 998898-Other manufacturing services n.e.c. WebChapter, Section or Heading: Heading 9988 (Manufacturing services on physical inputs (goods) owned by others) GST Tax Rate: 5% Description: (i) Services by way of job work … pub nether compton https://readysetstyle.com

Classification of Goods and Services under GST - Heading 9988 …

WebSAC (Services Accounting Code) code 998876 is classified under group 99887 (Fabricated metal product, machinery and equipment manufacturing services) of GST services classification. Group 99887 is classified under heading 9988 (Manufacturing services on physical inputs (goods) owned by others). You can check GST tax rate on 9988, … WebSAC (Services Accounting Code) code 998843 is classified under group 99884 (Petroleum, chemical and pharmaceutical product manufacturing services) of GST services classification. Group 99884 is classified under heading 9988 (Manufacturing services on physical inputs (goods) owned by others). You can check GST tax rate on 9988, … Web13 rows · Heading 9988 - Manufacturing Services On Physical Inputs (Goods) Owned By Others, GST Tax Rate ... seasons of the year pdf

GST Tax Rate on SAC Service - Heading 9988 (Manufacturing …

Category:Clarification on manufacturing services on goods owned by others

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Gst heading 9988

Classification of Goods and Services under GST - Heading 9988 …

WebDecoding SAC 998812. First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. First 5 digits, (99881) represents group number. This group is for Food, beverage and tobacco manufacturing services. 6 digit SAC code, (998812) represents service. WebJul 13, 2024 · A Circular No. 126/45/2024-GST ... It has been stated that the entry at item (id) under heading 9988 of Notification No. 11/2024-Central Tax (Rate) dated 28-06 …

Gst heading 9988

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WebJun 3, 2024 · Your job work is covered under SAC 9988 . As on 17.1.18, the following rates of GST are applicable for job work and your activity is covered in the last attracting 9% +9%. 26. Heading 9988. (Manufacturing services on physical inputs (goods) owned by others) (i) Services by way of job work in relation to-. WebSep 30, 2024 · ♦ S. No. 26- Heading 9988 – (ica) Services by way of job work in relation to manufacture of alcoholic liquor for human consumption. New Entry inserted for 18% GST …

WebOct 11, 2024 · * Not applicable for specified services mentioned GST Tariff Heading 9988 in clause (i), (ia), (ib) and (ic) # Job Work means any treatment or process undertaken by a person on goods belonging to another registered person and the expression job worker shall be construed accordingly; [Sec 2(68)] As per the above-mentioned definition, Principal … WebApr 1, 2024 · heading 9988: manufacturing services on physical inputs (goods) owned by others: 499: ... limited company is registered on 20th march 2024 current sales & purchase is nil till today it compulsory to take gst number to do business in online teaching of arts and cultural education services and selling and buying ready made musical instruments ...

WebSep 30, 2024 · GST on printing Services of News paper, Books having 12% of 5% GST as well as other printing services, from 12%/ 18% – made uniform at 18%; ♦ S. No. 26- Heading 9988 – (ica) Services by way of job work in relation to manufacture of alcoholic liquor for human consumption. New Entry inserted for 18% GST on Job work wrt Liquor … WebNov 26, 2024 · Rate. Remarks. Heading 9988 (Manufacturing services on physical inputs (goods) owned by others) (i) Services by way of job work in relation to-. 2.5. (a) Printing of newspapers; (b) Textiles and textile products falling under Chapter 50 to 63 in the First Schedule to the Customs Tariff Act, 1975 (51of 1975) Substituted vide Notification No. …

WebDecoding SAC 998816. First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. First 5 digits, (99881) represents group number. This group is for Food, beverage and tobacco manufacturing services. 6 digit SAC code, (998816) represents service.

WebDecoding SAC 998822. Digits. Details. 9988. First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. 99882. 5 digit SAC code for Textile, wearing apparel and leather manufacturing services. First 5 digits, (99882) represents group number. seasons of the year spanishWebJan 6, 2024 · List of all Services at 5% GST Rate, Services under 5% GST Rate List - Updated till 01-01-2024 (1 January 2024). GST Council release GST Rates E-Book. ... Heading 9988 (Manufacturing services on physical inputs (goods) owned by others) (iii) Tailoring services. 5: GST Rates 2024 by item wise at One Place in PDF. seasons of the year worksheetsWebentry 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 to implement the recommendation of … pub nether wallopWebGST Act and Rules e-book (Amended upto Finance Act, 2024).. Notified Compensation Cess based on Retail Sale Price on Pan Masala and Tobacoo Products.. Extension of … seasons of total dramaWebDecoding SAC 998811. First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. First 5 digits, (99881) represents group number. This group is for Food, beverage and tobacco manufacturing services. 6 digit SAC code, (998811) represents service. pub new abbeyWebOct 9, 2024 · This is because Heading 9988 would have said to occur only manufacture related activities and not other job work services. However, that is not the case. All … seasons of the year uk datesWeb9988: First 4 digits, (9988) represents heading under which this SAC falls. This heading is for Manufacturing services on physical inputs (goods) owned by others. 99889. 5 digit … pub nether broughton