JOB Work ITC

You can take ITC based on invoice. currently you rec'd invoice of 2 material of this ITC can be claimed - OK

further if you are directly sending goods to job worker then you can claim ITC when it reaches job worker directly -  pls explain with example.

 

Thanks for your valuable suggestion Roshni. (I Think  It is for  3 parties involved )

 Our doubt is only for two parties involved

We (A) have sent 5 Nos for job work to a party (B) by our DC

Party B sent only 2 Nos after completing the job work vide their Invoice.(3 Nos pending)

In this case:-

1. Shall we  take ITC for  2 Nos  or  I have to wait for  balance 3 Nos which is pending as per our DC.

2. Shall we take  ITC  for above 2 Nos even  DC quantity is pending at B  (i.e  3 Nos under process for 3 months  at job worker place ) or I have to wait all the quantities of that Particular DC quantity received  to take ITC ?

3. Is there any rule or notification to claim ITC  after all the DC quantities received ?

Regards,

C.Vinothkumar

Thanks for your suggestion Roshni.

Regards,

C Vinothkumar