Job Work in GST

Описание: Job Work in GST

The term Job work is defined u/s 2(68) of the CGST Act as “Any treatment or process undertaken by a person on goods belonging to another registered person”.

A registered person [Principal] may send inputs or capital goods under intimation, without payment of tax to a job worker for job work.

Inputs and Capital Goods are required to be brought back after completion of job work within one year and three years respectively from the date of sending.

Moulds and dies, Jigs and fixtures or tools are exception to above condition.

Principal may supply inputs or capital goods from job worker’s place.
For supplying the goods from job worker’s place, he has to declare the said place as his additional place of business, if job worker is not registered u/s 25.

Deemed Supply: If the inputs / capital goods sent for job work are not received back by the principle within period of 1 year / 3 years respectively, it will be treated as deemed supply on the original date of sending.

If the job worker is registered, then the waste and scrap generated during the job work may be supplied by the job worker directly from his place of business on tax payment.

If job worker is un registered, then principal has to pay tax on supply of waste and scrap.

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About CA Rohit Kumar Singh -
CA Rohit Kumar Singh is founder of TaxMarvel Consulting Services LLP, a niche consulting firm which provides GST, Corporate Laws, Income Tax and outsourcing services to Corporates and MSME.

He has headed of GST Business (GST Suvidha Provider) of Karvy Data Management Services Limited (KDMSL). KDMSL was ranked as one of the Top 5 GSPs in India. He was credited to have set up the GST Compliance and advisory services for several niche Corporates and Public Sector Undertakings (PSU’s).

Earlier, Rohit was Manager at Big4 Consulting Firm and has headed Commercial Functions (Indirect Taxes, Insurance and Internal Audit) function of Transmission and Distribution Division of Gammon India Limited.

Rohit is regular presenter and speaker at various national seminars for GST/Indirect Taxes. He is an empanelled faculty for GST at ICAI and ICMAI. He has taken more than 75 national seminars on GST and regularly conducts online GST Sessions for professionals and Senior Management. He represents clients for Advance Rulings and Departmental appeals.

He is a regular blogger and contributes to articles on GST and Indirect taxes in various online forums such as caclubindia.com, taxguru and other online platforms.

He can be reached at [email protected] or at +91-9503031788