Job work obligations: principal must ensure return or supply from job worker or face deemed supply consequences. Job work allows a registered principal to send inputs and capital goods to a job worker without tax subject to prescribed intimation; the principal must ... Summary
Job work obligations: principal must ensure return or supply from job worker or face deemed supply consequences.
Job work allows a registered principal to send inputs and capital goods to a job worker without tax subject to prescribed intimation; the principal must return or cause supply of those goods from the job worker's premises within the statutory periods or the goods are deemed supplied by the principal on the date they were sent, and the principal is responsible for keeping proper accounts for such inputs and capital goods.
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