Possible solution wherein Capital goods cannot be brought back with in 3 year (5 year) from premises of Job worker!!! https://www.taxtmi.com/forum/issue?id=119864 Capital goods sent to a job worker but not returnable within the prescribed period can be managed by converting the relationship into a genuine lease of goods, ensuring market based rent, separate agreements and accounting, and seeking an advance ruling or discretionary extension; paper transfers or same day invoicing/credit arrangements lack substance and carry high risk of challenge under valuation and anti evasion provisions. en-us Fri, 11 Apr 2025 11:42:41 +0530 Sat, 12 Apr 2025 07:19:25 +0530 TaxTMI RSS Generator Possible solution wherein Capital goods cannot be brought back with in 3 year (5 year) from premises of Job worker!!! https://www.taxtmi.com/forum/issue?id=119864 Capital goods sent to a job worker but not returnable within the prescribed period can be managed by converting the relationship into a genuine lease of goods, ensuring market based rent, separate agreements and accounting, and seeking an advance ruling or discretionary extension; paper transfers or same day invoicing/credit arrangements lack substance and carry high risk of challenge under valuation and anti evasion provisions. Discussion-Forum GST Fri, 11 Apr 2025 11:42:41 +0530 https://www.taxtmi.com/forum/issue?id=119864