I AM HAVING SAW MILL I WANT TO REGISTER UNDER GST KINDLY LET ME KNOW WHAT IS THE TAX ON SAWING CHARGES IF REGULAR AND IF COMPOSITION PL INFORM HSN CODE ALSO

Reply- The rate of GST Reduced from 18% to 12% on supply of machine Job work such as in engineering industry, except supply of Job work in relation to bus body building which would remain at 18%. Sawing charges would also attract 12% GST for regular dealer. SAC 9988 will be applicable.

Rate of tax for service provider under composition scheme is 6% (3% CGST + 3% SGST)

Refer Notification No.20/2019–Central Tax (Rate) Dated: 30th September, 2019. Also refer Circular No.126/45/2019-GST dated 22.11.2019.