https://www.taxtmi.com/acts?id=29094 Principals may claim input tax credit on inputs and capital goods sent to a jobworker, including when sent directly to the jobworker, subject to prescribed conditions. If inputs are not returned or supplied from the jobworker's premises within one year (counted from dispatch or, if directly sent, from receipt) they are deemed supplied by the principal on the date sent; similarly, capital goods not returned within three years are deemed supplied on the date sent. Exceptions apply to moulds and dies, jigs and fixtures, and tools. "Principal" is as defined in section 143. en-us Mon, 03 Jul 2017 12:35:34 +0530 Thu, 20 Jul 2017 14:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29094 Principals may claim input tax credit on inputs and capital goods sent to a jobworker, including when sent directly to the jobworker, subject to prescribed conditions. If inputs are not returned or supplied from the jobworker's premises within one year (counted from dispatch or, if directly sent, from receipt) they are deemed supplied by the principal on the date sent; similarly, capital goods not returned within three years are deemed supplied on the date sent. Exceptions apply to moulds and dies, jigs and fixtures, and tools. "Principal" is as defined in section 143. Act-Rules GST - States Mon, 03 Jul 2017 12:35:34 +0530 https://www.taxtmi.com/acts?id=29094