https://www.taxtmi.com/article/detailed?id=6935 Job work under GST treats processing by a job-worker as potentially taxable supply but allows a special procedure permitting removal and return of goods between a registered principal and job-worker without immediate tax, subject to conditions; the principal bears responsibility for goods and tax, may claim input tax credit if inputs and capital goods are returned within prescribed periods (with credit allowed even when goods are sent directly to the job-worker), and must repay credit with interest if goods are not returned, while limited exceptions and transitional rules apply. en-us Sat, 13 Aug 2016 11:08:54 +0530 Sat, 13 Aug 2016 11:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6935 Job work under GST treats processing by a job-worker as potentially taxable supply but allows a special procedure permitting removal and return of goods between a registered principal and job-worker without immediate tax, subject to conditions; the principal bears responsibility for goods and tax, may claim input tax credit if inputs and capital goods are returned within prescribed periods (with credit allowed even when goods are sent directly to the job-worker), and must repay credit with interest if goods are not returned, while limited exceptions and transitional rules apply. Articles Goods and Services Tax - GST Sat, 13 Aug 2016 11:08:54 +0530 https://www.taxtmi.com/article/detailed?id=6935