Under the revised Goods and Services Tax (GST) law, the government has made provisions for the supply of goods to job workers. These provisions have been put in place to ensure that the job workers have access to the necessary goods to carry out their work without any hindrances or delays. In this article, we will be discussing the provisions related to the supply of goods to job workers under the revised GST law.
Before we delve into the provisions related to the supply of goods to job workers, let us first understand who a job worker is. A job worker is a person who undertakes any job or process on behalf of the registered person. The job worker may or may not use the materials supplied to them by the registered person to carry out the said job or process. This definition of job worker is in line with the definition provided under the earlier GST law.
Under the revised GST law, the government has made provisions for the supply of goods to job workers. The provisions are as follows:
The job worker is required to return the inputs or capital goods within a period of one year from the date of their receipt. If the inputs or capital goods are not returned within this period, the registered person will be required to pay tax on the same.
The provisions related to the supply of goods to job workers under the revised GST law have been put in place to ensure that the job workers have access to the necessary goods to carry out their work without any hindrances or delays. The provisions are simple and straightforward and provide clarity on the tax implications of the supply of goods to job workers. As a registered person, it is important to understand these provisions to ensure compliance with the revised GST law.
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