Job Work [Tax at time of receiving Goods]

[Kishan Barai]

Suppose A does job work of B , then do A have to pay GST on B Goods at the time of receiving goods from B to A [Stock Transferred]. It is obvious that A will charge 18% GST for his services but what if A is URD & B is Registered Dealer ?? It is obvious that B will pay 18% reverse charge of GST but what about stock Transferred.

Kindly elaborate both the senerios considering A as Registered Dealer & URD

Thank You

AI Summary

Job work stock transfer rules allow tax-free dispatch to job worker, with return deadlines and deemed supply consequences.
Section 143(1) permits a registered principal to send inputs or capital goods to a job worker without payment of tax subject to conditions; such goods must be brought back or supplied within specified periods (one year for inputs; three years for capital goods) or they are deemed to have been supplied by the principal on the day sent. Alternatively the principal may send goods after paying GST, allowing the job worker to take input tax credit and account for GST on the processed supply back.