Rakesh Enterprises, a registered person under the GST law, send inputs without payment of tax to one of its job worker, Sumit Agency, for carrying out certain operations on the goods. The goods were sent on 12th May, 202
CS Professional · Advanced Tax Laws · PYQS · December 2023
Rakesh Enterprises, a registered person under the GST law, send inputs without payment of tax to one of its job worker, Sumit Agency, for carrying out certain operations on the goods. The goods were sent on 12th May, 2022 and received by the job worker on 14th May, 2022. Sumit Agency carried out the job work but did not send back the inputs after processing. On the basis of above answer the following: (i) Mention whether Rakesh Enterprises is allowed to take input tax credit on inputs sent to job worker, Sumit Agency.
Answer & Explanation:
As per section 19 of the CGST Act, 2017, the principal is entitled to take input tax credit on inputs sent to a job worker for job work. Accordingly, Rakesh Enterprises is eligible to take input tax credit on input sent to job worker.
Topics: GST
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