https://www.taxtmi.com/acts?id=27450 The principal may claim input tax credit on inputs and capital goods sent to a jobworker, including when sent directly without first being brought to the principal's place of business, subject to prescribed conditions. Inputs not returned or supplied from the jobworker's premises within one year (from receipt if sent directly) are deemed supplied by the principal; capital goods not returned within three years (from receipt if sent directly) are similarly deemed supplied. Deeming time limits do not apply to moulds and dies, jigs and fixtures, or tools. "Principal" means the person referred to in section 143. en-us Fri, 23 Jun 2017 18:35:36 +0530 Tue, 27 Jun 2017 14:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27450 The principal may claim input tax credit on inputs and capital goods sent to a jobworker, including when sent directly without first being brought to the principal's place of business, subject to prescribed conditions. Inputs not returned or supplied from the jobworker's premises within one year (from receipt if sent directly) are deemed supplied by the principal; capital goods not returned within three years (from receipt if sent directly) are similarly deemed supplied. Deeming time limits do not apply to moulds and dies, jigs and fixtures, or tools. "Principal" means the person referred to in section 143. Act-Rules GST - States Fri, 23 Jun 2017 18:35:36 +0530 https://www.taxtmi.com/acts?id=27450