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Ravi Parihar (Querist)
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09 March 2019 Query:-
A company is taking Job work service from other company and in that case principal want to install a machinery on Job worker place forever and which will be immovable in Future and job worker providing his 100% serviCe to that principal. In that transaction instead of sending capital goods at Job worker ,can we take rent from Job worker for that machine bcoz otherwise after 3 years GST credit on that machinery has to be reverse bcoz machine will never come back.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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15 March 2019 Yea in my view, let other expert also comment,

You can have lease agreement with that person

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