ITC on Job work

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SIR
WE ARE JOBWORKER . WE ARE DOING JOB WORK FOR A COMPANY { PCB MADE }. SIR IS ITC AVAILABLE IN JOB WORK UNDER GST

Replies (9)
no itc on input for job work will be available to principal

You are not eligible for itc, the principal supplier would get the itc benefit under gst.

ITC available but after some condition fulfillment.

Originally posted by : NITIN
ITC available but after some condition fulfillment.

Please specify that conditions...

https://cleartax.in/s/gst-inputcredit-job

Here this person is not the principal supplier... so he can't avail the itc. The specified conditons are for the principal supplier under job work. Hope you could understand....

ok ok

 

Originally posted by : rajeev khulbe
SIR WE ARE JOBWORKER . WE ARE DOING JOB WORK FOR A COMPANY { PCB MADE }. SIR IS ITC AVAILABLE IN JOB WORK UNDER GST

Click this link and Go thoroughly     -    https://cleartax.in/s/gst-inputcredit-job

Yes, The principal manufacturer will be allowed to take ITC on purchase of goods send on job work.

To know more relevant faqs and their answer, Just visit at gstforumindia.in and know more about it.

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