Jobwork Procedure

[Kusalava InternationalLimited]

Information Under GST any Jobwork related procedure of cenvatrule 4(5) (A) is there ?

[KASTURI SETHI]

Cenvat Credit Rules (2017) have been made alive vide Notification No.20/17-CE(NT) dated 30.6.2017. These Credit Rules supercede Cenvat Credit Rules, 2004. Also see Notification No.15/17-(CE) meant for carry-forward un-utilised credit in GST period.

[SHIVKUMAR SHARMA]

Please reefer section 143(1)(a) of the CGST act 2017,read with Rule 45 of CGST Rule 2017 for job work Procedure under GST.

[KASTURI SETHI]

Thanks Sh.Sharma Ji.

AI Summary

Job work procedure under GST guided by CGST Act provisions and CGST rules ensures proper credit recording and compliance. The Cenvat Credit Rules (2017) were reintroduced by notification to supersede the 2004 Rules and, together with a notification for carrying forward un utilised credit, govern credit entitlement in GST; jobwork procedural compliance is to be followed under the CGST Act provision and Rule 45 of the CGST Rules, which prescribe movement, documentation, account maintenance, and reconciliation requirements for inputs sent to or returned from jobworkers.