A person i.e. a Jeweller purchases Gold bar and send it to the karigar(artisan) for making ornaments/Jewellery out of it and receives it back and pays Labour charges to the karigar.
in this case is such jeweller liable to file form ITC 04?
Thanking you.
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ITC 04 liability for a Jeweller
Replies (4)
Quick Summary
Yes. It's a JOB WORK.
"Job Work" as defined under Section 2(68) of the CGST Act 2017 means any treatment or process undertaken by a person on goods belonging to another registered person and the expression "job worker" shall be construed accordingly.
Therefore the Registered Person ( Jeweller ) needs to file FORM GST ITC-04.
"Job Work" as defined under Section 2(68) of the CGST Act 2017 means any treatment or process undertaken by a person on goods belonging to another registered person and the expression "job worker" shall be construed accordingly.
Therefore the Registered Person ( Jeweller ) needs to file FORM GST ITC-04.
Transaction belonging with in the same state
Yes within the same state
I have one doubt friends.
The job worker will add some units of good in in making jewellery job work.
So should I consider the units added by the job worker in Goods received from job worker tab in itc 04.
Please reply
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