Provisions concerning taking of ITC in respect of inputs/capital goods sent to a job worker

  • Principal shall be entitled to take credit of taxes paid on inputs or capital goods sent to a job worker whether sent after receiving them at his place of business or even when such the inputs or capital goods are directly sent to a job worker without their being first brought to his place of business.
  • However, the inputs or capital goods, after completion of job work, are required to be received back or supplied from job worker’s premises, as the case may be, within a period of one year or three years of their being sent out.

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Image result for Provisions concerning taking of ITC in respect of inputs/capital goods sent to a job worker

Image result for Provisions concerning taking of ITC in respect of inputs/capital goods sent to a job worker

Image result for Provisions concerning taking of ITC in respect of inputs/capital goods sent to a job worker

Image result for Provisions concerning taking of ITC in respect of inputs/capital goods sent to a job worker