https://www.taxtmi.com/forum/issue?id=119806 Goods sent to a job worker that are not returned within the prescribed period are treated as a deemed outward supply by the principal on the day they were sent out; GST and interest on delayed payment must be discharged, and the principal must issue tax documentation. ITC may be claimed when the inputs were sent, subject to the statutory time limit for ITC availment; writing off inventory or claiming destruction does not substitute for treating the event as a deemed supply unless the goods are actually destroyed. Valuation for GST may use open market value or cost-plus approaches and ITC reversals must follow statutory rules. en-us Wed, 02 Apr 2025 11:06:14 +0530 Sun, 06 Apr 2025 22:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119806 Goods sent to a job worker that are not returned within the prescribed period are treated as a deemed outward supply by the principal on the day they were sent out; GST and interest on delayed payment must be discharged, and the principal must issue tax documentation. ITC may be claimed when the inputs were sent, subject to the statutory time limit for ITC availment; writing off inventory or claiming destruction does not substitute for treating the event as a deemed supply unless the goods are actually destroyed. Valuation for GST may use open market value or cost-plus approaches and ITC reversals must follow statutory rules. Discussion-Forum GST Wed, 02 Apr 2025 11:06:14 +0530 https://www.taxtmi.com/forum/issue?id=119806