Tax liability when a job worker fails to return goods: job worker liable and manufacturer becomes liable after time limit. Failure by a job worker to return goods within the prescribed time makes the job worker liable to pay tax; on expiry of the specified time limit the ... Summary
Tax liability when a job worker fails to return goods: job worker liable and manufacturer becomes liable after time limit.
Failure by a job worker to return goods within the prescribed time makes the job worker liable to pay tax; on expiry of the specified time limit the manufacturer also becomes liable to pay tax under the transitional provisions, specifically section 150(1) and section 151(1).
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