17 June 2017
what will be the effect of GST on job work?
And reverse charge will be applicable, if the job worker is unregistered under GST?
As the goods can be transfer to job work on the basis of delivery challan.
17 June 2017
If principal is registered then job worker is not required to be registered. A. Goods send out for job work must be accompanied with a challan B. Goods send must be received back by the principal within the period mentioned below: Inputs, semi-finished or finished goods- 1 year Capital Goods- 3 years
17 June 2017
It can be if their turnover is less than 20 lacs.
Guest
Guest
(Expert)
17 June 2017
If both are unregistered then they are out of the purview of GST but if principal and job worker are in different state then principal sending goods has to compulsarily obtain registration.