Job work treatment of principal's goods: tax-neutral dispatch permitted but deemed supply arises if not returned or supplied timely. A registered principal may send inputs and capital goods to a job worker without payment of tax and must ensure such goods are returned or supplied within one year for inputs and three years for capital goods; failure to comply results in a deemed supply by the principal from the date the goods were sent. The principal must maintain records, issue challans, declare details in FORM GST ITC-04, and comply with invoicing and e-waybill rules where applicable.
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 treatment of principal's goods: tax-neutral dispatch permitted but deemed supply arises if not returned or supplied timely.
A registered principal may send inputs and capital goods to a job worker without payment of tax and must ensure such goods are returned or supplied within one year for inputs and three years for capital goods; failure to comply results in a deemed supply by the principal from the date the goods were sent. The principal must maintain records, issue challans, declare details in FORM GST ITC-04, and comply with invoicing and e-waybill rules where applicable.
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