GST-Goods and Service Tax - 59. page

Goods and Services Tax Act – GST Law

Credit of all input tax charged on supply of goods or services allowed under GST :   Is credit of all input tax charged on supply of goods or services […]

The treatment of jigs and fixture  items in job work provisions : Some capital goods like jigs and fixtures are non-usable after their use and normally sold as scrap. What […]

Treatment of the waste and scrap generated during the job work : What would be treatment of the waste and scrap generated during the job work? Ans. The waste and […]

Intermediate goods can also be sent for job work : Whether intermediate goods can also be sent for job work? Ans. Yes. The term inputs, for the purpose of job […]

The maintenance of proper accounts related to job work :   Who is responsible for the maintenance of proper accounts related to job work? Ans. It is completely the responsibility […]

Provisions of job work applicable to all categories of goods : Are the provisions of job work applicable to all categories of goods? Ans. No. The provisions relating to job […]

 Job work provisions should be followed by the principal : Is it compulsory that job work provisions should be followed by the principal? Ans. No. The principal can send the […]

 Job worker and principal be located in same State or Union territory : Should job worker and principal be located in same State or Union territory? Ans. No this is […]

Input tax  :   What is input tax? Ans. Input tax means the central tax (CGST), State tax (SGST), integrated tax (IGST) or Union territory tax (UTGST) charged on supply […]