TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Bihar GST Act 2017: Rules for Sending Inputs to Job Workers and Tax Implications for Non-returned Goods</h1> Under the Bihar Goods and Services Tax Act, 2017, a registered person, referred to as the principal, can send inputs or capital goods to a job worker without tax payment, with specific conditions. These goods must be returned within one year for inputs and three years for capital goods. If not returned or supplied within these periods, it is deemed that the principal supplied them to the job worker. The principal is responsible for maintaining proper accounts. Waste generated during job work can be taxed and supplied by the job worker if registered, or by the principal if not. Inputs include intermediate goods from any process.
TaxTMI 
TaxTMI 
