https://www.taxtmi.com/article/detailed?id=17342 GST job work is a supply of services where a job worker processes goods belonging to a registered principal without acquiring ownership. Goods move under delivery challans and e-way bills, while the principal reports prescribed job-work return details. Return transit documents must show the composite consignment value, comprising the original goods value, processing charges and incorporated materials; GST is charged separately on the job worker's service invoice. Failure to return or directly supply inputs or capital goods within prescribed periods triggers deemed taxable supply from the original dispatch date, with tax reporting, payment and applicable interest. en-us Thu, 03 Sep 2026 08:22:46 +0530 Thu, 03 Sep 2026 08:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17342 GST job work is a supply of services where a job worker processes goods belonging to a registered principal without acquiring ownership. Goods move under delivery challans and e-way bills, while the principal reports prescribed job-work return details. Return transit documents must show the composite consignment value, comprising the original goods value, processing charges and incorporated materials; GST is charged separately on the job worker's service invoice. Failure to return or directly supply inputs or capital goods within prescribed periods triggers deemed taxable supply from the original dispatch date, with tax reporting, payment and applicable interest. Articles Goods and Services Tax - GST Thu, 03 Sep 2026 08:22:46 +0530 https://www.taxtmi.com/article/detailed?id=17342