Will we liable to pay GST on the labour charges for manufacture jewellery?
We give gold to Karigar to manufacture jewellery he is under the the threshold limit of 20 lakhs will we be liable to pay GST on the labour charges paid to him?
If we issue gold worth Rs.100000/- to karigar for making of Jewellery and if he send the jewellery back with labor charges of Rs.20000/-. How will the taxation will take place ?? Is it 18% of 20000 = 3600/- ? OR ANYTHING ELSE ?? And if the karigar is not registered with GST, Will I be liable to pay GST of Rs.3600/- on Reverse Charge mechanism ??