https://www.taxtmi.com/manuals?id=4423 Suppliers performing job work must register under GST when their aggregate turnover from taxable supplies exceeds the prescribed threshold; aggregate turnover includes supplies made on own account and on behalf of principals, while supplies after job work by a registered job worker are treated as supplies by the principal and are excluded from the job worker's aggregate turnover. Principals may claim input tax credit on inputs and capital goods sent to job workers, but if such goods are not returned within the specified period they are treated as a deemed supply; the return period does not apply to moulds, dies, jigs, fixtures or tools. en-us Tue, 09 Jan 2024 18:09:00 +0530 Tue, 09 Jan 2024 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4423 Suppliers performing job work must register under GST when their aggregate turnover from taxable supplies exceeds the prescribed threshold; aggregate turnover includes supplies made on own account and on behalf of principals, while supplies after job work by a registered job worker are treated as supplies by the principal and are excluded from the job worker's aggregate turnover. Principals may claim input tax credit on inputs and capital goods sent to job workers, but if such goods are not returned within the specified period they are treated as a deemed supply; the return period does not apply to moulds, dies, jigs, fixtures or tools. Manuals GST Tue, 09 Jan 2024 18:09:00 +0530 https://www.taxtmi.com/manuals?id=4423