Direct supply of inputs to a job worker permits input tax credit but requires timely return or it is treated as supply. A principal may send inputs and capital goods directly to a job worker's premises and still claim input tax credit on tax paid; if the goods are not ... Summary
Direct supply of inputs to a job worker permits input tax credit but requires timely return or it is treated as supply.
A principal may send inputs and capital goods directly to a job worker's premises and still claim input tax credit on tax paid; if the goods are not returned within the applicable statutory time limits for inputs and capital goods, the original transfer will be treated as a supply and the principal will be liable to pay the tax.
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