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What happens if the job worker does not return the goods within the specified time?

QuestionsCategory: GSTWhat happens if the job worker does not return the goods within the specified time?
Profile photo of AditaPareekAditaPareek Staff asked 4 months ago

What happens if the job worker does not return the goods within the specified time?

1 Answers
Profile photo of JayeshMehtaJayeshMehta Staff answered 4 months ago

Tax would be payable by the job worker. Further, the manufacturer will also be liable to pay tax on expiry of the specified time limit – section 150 (1) & section 151(1).