5% GST to Be Levied on Job Work for Processing of “Barley” into “Malted Barley” | Circular
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- Last Updated on 3 November, 2023
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Circular No. 206/18/2023-GST dated October 31st, 2023
The CBIC has issued a circular to provide clarifications regarding applicability of GST on certain services. In this circular, it is clarified that services by way of job work for conversion of barley into malt would attract 5% GST.
Also, it is clarified that whenever electricity is supplied along with renting of immovable property and/or maintenance of premises, it would form a part of composite supply and the principal supply is renting of immovable property and/or maintenance of premise, as the case may be, and the supply of electricity is an ancillary supply.
Even if electricity is billed separately, the supplies will constitute a composite supply. However, if electricity is supplied as a pure agent on actual basis, then it will not be treated as part of value of supply.
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