Hi ,
I have a few queries pertaining to the gst compliances in job work scenario .
the scenario is pertaining principal giving fabrics to a worker to convert it into wearable garments .
1). Say the principal has not yet registered for GTIN , because the business has not yet started and I am informed once GTIN is procured , one has to file GST irrespective of the sales or business taking place . So , I wanted to know in this case can the principal still create a challan for the job work ?
2). If the principal personally drops the raw materials at the job workers , do they still need to attain a delivery challan ? In case of receiving the finished goods from the job worker , the delivery challan will be created by the job worker ?
3).RCM would be taken into account only in case where the job worker is unregistered ? Right ? So , in such a case how would i pay GSTto the government ?
4). TDS can only charged by a registered job worker ? what percent of TDS will be charged from the principal ?
CAclubindia
