Job work obligations clarified: principals must track goods, adhere to return/supply timelines, and follow challan and ITC rules. Job work dispatches by a registered principal remain non taxable provided prescribed challans, FORM GST ITC 04 intimation and e way bill requirements are complied with and the inputs or capital goods are returned to the principal or supplied by the principal from the job worker's premises within the statutory timeframes; failure to meet these conditions results in a deemed supply by the principal on the date of initial removal, requiring issuance of an invoice, tax payment and interest, while registered job workers must charge GST on job work services and may claim input tax credit where eligible.
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Provisions expressly mentioned in the judgment/order text.
Job work obligations clarified: principals must track goods, adhere to return/supply timelines, and follow challan and ITC rules.
Job work dispatches by a registered principal remain non taxable provided prescribed challans, FORM GST ITC 04 intimation and e way bill requirements are complied with and the inputs or capital goods are returned to the principal or supplied by the principal from the job worker's premises within the statutory timeframes; failure to meet these conditions results in a deemed supply by the principal on the date of initial removal, requiring issuance of an invoice, tax payment and interest, while registered job workers must charge GST on job work services and may claim input tax credit where eligible.
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