What is difference between a job-work, works-contract, job-worker and works contractor?
watch_later 1 year, 2 months ago
I always find few things really complicated, job-work and works contract is one of them. Not in very detailed but in a laymans language what is the basic difference between a job-worker and works contractor?
The difference between a job-worker and a works-contractor can be derived from the nature of supplies they make. For instance, Job-work is defined as:
(68) “job work” means any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly;
Works-contract is defined as:
(119) “works contract” means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;
By analysing the difference we can figure out that works contract involves process on an immovable property. Whereas job-work is mainly on movable property.
You need to be logged in to answer.
- refund of itc on pre-export sales
- GST on penalty
- GSTIN by Name
- conversion from composition to general
- Plywood ka g s t kaise nikalte hai
- SEARCH GST NO. WITH PAN
- Gst practitioner exam
- We are getting responses for just 2 requests in 15 minutes
- Agriculture bore repair
- GST Eway bill Compile error in Hidden module sheet 3 and date format error solved
- API for getting GSTIN Details, Validate GST number
- GSP and ASP model of GSTN is injustice with startups and small businesses
- GST helpline customer care and contact number
- E-way bill in case of Bill to Ship to transactions
- Basic E-way rules and FAQ
- What is GST?
- GST Suvidha Kendra
- Documents required for GST registration
- Frauds possible under GST?
BUY DSC FOR MCA, IT AND GST
Experience KnowyourGST services. Apply for DSC and get it on same day. We promise fastest delivery of your DSC.
Whatsapp - 73386 33003
Telegram - @knowyourgst
Contact us on Whatsapp and Telegram number 7338633003 for quick reply.