https://www.taxtmi.com/article/detailed?id=7942 Job work involves processing another's goods; the registered principal may send inputs or capital goods to a job worker without tax provided inputs are returned within one year and capital goods within three years, failing which the dispatch is deemed a supply and tax with interest is payable. The principal must maintain records, declare the job worker's place as an additional business location or ensure registration, file quarterly Form ITC 04 with challan details, comply with e way bill and invoicing rules, and may claim input tax credit whether goods are sent to the job worker directly or via the principal. en-us Fri, 30 Mar 2018 07:21:38 +0530 Fri, 30 Mar 2018 07:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7942 Job work involves processing another's goods; the registered principal may send inputs or capital goods to a job worker without tax provided inputs are returned within one year and capital goods within three years, failing which the dispatch is deemed a supply and tax with interest is payable. The principal must maintain records, declare the job worker's place as an additional business location or ensure registration, file quarterly Form ITC 04 with challan details, comply with e way bill and invoicing rules, and may claim input tax credit whether goods are sent to the job worker directly or via the principal. Articles Goods and Services Tax - GST Fri, 30 Mar 2018 07:21:38 +0530 https://www.taxtmi.com/article/detailed?id=7942