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>Registered Businesses Can Send Inputs to Job Workers Tax-Free Under Section 143; Conditions Apply for Timely Return.</h1> Under Section 143 of the Jammu and Kashmir Goods and Services Tax Act, 2017, a registered person (the principal) can send inputs or capital goods to a job worker without paying tax, subject to conditions. These goods must be returned within one year (inputs) or three years (capital goods) or supplied from the job worker's location with tax paid, unless the job worker's location is declared as an additional business place. The principal is responsible for proper accounting. If goods aren't returned or supplied within the specified period, they are deemed supplied to the job worker. Waste generated can be taxed and supplied by the job worker if registered.
TaxTMI 
TaxTMI 
