https://www.taxtmi.com/article/detailed?id=16125 Job work under section 143 of the CGST Act permits conditional tax-free movement of inputs and capital goods from a principal to a job worker, subject to prescribed return timelines. Inputs must be returned or supplied directly from the job worker's premises within one year, and capital goods within three years. The principal is responsible for maintaining accounts and tracking delivery challans. If the one-year limit is breached, the deeming provision retrospectively treats the movement as a supply, re-characterises the delivery challan as a tax invoice, and may attract IGST, interest, and penalties. en-us Thu, 02 Apr 2026 08:51:20 +0530 Thu, 02 Apr 2026 08:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16125 Job work under section 143 of the CGST Act permits conditional tax-free movement of inputs and capital goods from a principal to a job worker, subject to prescribed return timelines. Inputs must be returned or supplied directly from the job worker's premises within one year, and capital goods within three years. The principal is responsible for maintaining accounts and tracking delivery challans. If the one-year limit is breached, the deeming provision retrospectively treats the movement as a supply, re-characterises the delivery challan as a tax invoice, and may attract IGST, interest, and penalties. Articles Goods and Services Tax - GST Thu, 02 Apr 2026 08:51:20 +0530 https://www.taxtmi.com/article/detailed?id=16125