Broad Based Sectoral Impact- Outsourced Manufacturing - GST

  • Category: sector specific
  • Date: 09-11-2015
  • Writer: CA Madhukar N Hiregange

Background:  

The manufacturing industries ( larger and medium) nowadays stick to their core competencies and get most jobs done on job work basis from others. The alternative nomenclatures used are: sub contracting, loan licensing, processing or labour charges. At times the principal send tools needed as well as the part/ entire raw material required for the process free of cost. The material procured by principal may be sent directly to the job worker from the supplier. In...

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