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.
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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