A gst registered regular scheme cloth resale dealer some cloth material send to URD job worker for the purpose of Job work.if job work completed some service charges paid to job worker.
Question:
1.dealer job work send material invoice issued compulsory.
2.service charges paid amount to job worker transactions how to show procedure in gstr3b return.
3.e-way bill compulsory.
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Job work transactions amount
Replies (1)
yes. Invoices compulsory. way bill compulsory.
Corresponding disclosure under GSTR-3B & GSTR-1.
Practically, unless job worker makes payment against invoice to the principal, he would not be eligible for credit u/s 16 of CGST Act. Therefore, suggest job worker to make payments, claim the credit, and include the same as part of valuation for services rendered. However other implications on financial statements needs to be considered.
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