Job-Work

Impact of Goods and Services Tax on Job Work
GST law allows principal to send taxable goods, without payment of tax, to a job worker. There can be further movement of such goods from one job worker to another.
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Input Credit on Job Work and ITC-04
Input credit on job work can be claimed if goods are returned in 6 months. Under GST, there is sufficient limit for goods to be returned from job work.
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Valuation of Supply – Principal to Agent and Vice Versa
Any supply from a principal to an agent or vice versa is chargeable to GST. This rule will help determine the correct value of supply. Read more here
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GST Practitioner and GST Suvidha Provider (GSP)

Last updated 7 months ago