Web3.2 In case the supply of service by way of milling of wheat into flour or of paddy into rice, is not eligible for exemption under Sl. No. 3 A of Notification No. 12/2024-Central Tax (Rate) dated 28.06.2024 for the reason that value of goods supply in such a composite supply exceeds 25%, then the applicable GST rate would be 5% if such WebMilling of paddy into rice on job work basis, is liable to GST at the rate of 5%, on the processing charges (and not on the entire value of rice). Circular No. 19/19/2024-GST. F. No. 354/263/2024-TRU. Government of India. Ministry of Finance. Department of Revenue. Tax research Unit **** North Block, New Delhi. 20th November 2024. To,
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WebNov 20, 2024 · Therefore, it is hereby clarified that milling of paddy into rice on job work basis, is liable to GST at the rate of 5%, on the processing charges (and not on the entire … WebDec 1, 2024 · Landmark Judgement in favour of Taxpayer : High court Ruling on milling charges in case of Rice Miller's under GST. Home; News & Articles. Income Tax. Income Tax Act and Rule. Income Tax Rule 1962; Income tax Act 1961; ... High court Ruling on milling charges in case of Rice Miller’s under GST. December 1, 2024 0 … diane\u0027s experiment answer key
GST on Job work by way of milling of wheat into flour or of
Webclarified that milling of paddy into rice on job work basis, is liable to GST at the rate of 5%, on the processing charges (and not on the entire value of rice). 6. Difficulty if any, in the … WebJun 19, 2024 · GST for F.Y 2024-2024, 2024-2024 ,2024-2024 and 2024-2024 has been paid @ 5% of the consideration on milling charges received. As per the Government contracts are made inclusive of all such taxes and duties, millers who were entitled for … WebOct 14, 2024 · Gst on custom milling. vaibhav somani (40 Points) 20 May 2024. Gst on custom milling is applicable @ 5% on processing charge as per notification but millers do not raise any invoice and they receive the same by govt stating Gst so are they liable to pay Gst on the same. cithaeron oedipus