Job work procedure: tax treatment of inputs and capital goods with deemed supply consequences for failure to return or report. A registered principal may send inputs or capital goods to a job worker without tax under prescribed conditions and may transfer them between job workers. The principal must bring back or cause supply of such goods from the job worker's premises within specified return periods or be subject to deemed supply as of the date of dispatch. The principal is responsible for keeping proper accounts and for declaring the job worker's premises as an additional place of business when supplying from there, with limited exceptions. Registered job workers may supply waste and scrap on payment of tax; otherwise the principal must do so.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Job work procedure: tax treatment of inputs and capital goods with deemed supply consequences for failure to return or report.
A registered principal may send inputs or capital goods to a job worker without tax under prescribed conditions and may transfer them between job workers. The principal must bring back or cause supply of such goods from the job worker's premises within specified return periods or be subject to deemed supply as of the date of dispatch. The principal is responsible for keeping proper accounts and for declaring the job worker's premises as an additional place of business when supplying from there, with limited exceptions. Registered job workers may supply waste and scrap on payment of tax; otherwise the principal must do so.
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