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.
CAclubindia
