This Query has 5 replies
Sir
The Govt company owned the factory. The factory is being used for production of cattle feed.
But instead of being engaged their own labour the Govt Company engaged an entity to run the production.The Govt Company fixed the desired quantity & supply material and the entity determined a charge for converting the materials to finished product(cattle feed).
The entity raised a bill (including GST) and Govt Company release this.
The Govt company does not bother number of labours the entity engaged to produce the cattle feed.
My query to the honourable experts are ::
Does we treat the entity as job worker?
and
Does the liability on labours(ie compliance under labour laws) engaged by the entity can by at any chance be impose on the Govt Company?
Regards
ABHIJIT
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Dear Members,
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Sir,
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Dear CA Club Members,I am facing a situation related to the GST Invoice Management System (IMS) and would appreciate your expert guidance.We recently rejected a supplier's invoice and the corresponding credit note in the IMS due to discrepancies. Following this, the supplier raised a new invoice for the same transaction, and we have claimed Input Tax Credit (ITC) on this new invoice.My queries are:What are the specific implications for GST compliance and tax reporting when both the original invoice and credit note are rejected by the recipient in IMS?Since we have claimed ITC on the newly raised invoice after rejecting the earlier documents, how should the supplier handle their GST liability and reporting? Are there any risks of duplication or mismatches in the GST returns of the supplier and recipient?What is the recommended best practice for coordinating such cases between supplier and recipient to ensure smooth reconciliation and compliance under GST IMS?Are there any special considerations related to reversal or adjustment of ITC for the rejected documents once the new invoice is accepted?Any detailed insights, experiences, or references to relevant GST provisions and updates would be highly valuable.Thank you in advance for your support
This Query has 1 replies
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Query related to job work