Page 241 - CA Final GST

Badlani Classes

ITC- 04 furnished for that period on or before the twenty –fifth day of the
month succeeding the said quarter or within such further period as may e
extended by the Commissioner by a notification in this behalf.
Provided that any extension of the time limit notified by the Commissioner
of State tax or the Commissioner of Union territory tax shall be deemed to
be notified by the Commissioner.[Rule 45(3) ]
Central Government vide NN-63/2017-Central Tax, dated 15-Nov-2017,
extended the time limit for making declaration in FORM GST ITC -04 in
respect of goods dispatched to a job worker or received from a job worker
or sent from one job worker to another, during the quarter July-Sep-2017
ti 31-Dec-2017.
• Deemed supply if goods not returned within specified time: Where the
inputs or capital goods are not returned to the principal within the time
stipulated in S. 143, it shall be deemed that such inputs or capital goods
had been supplied by the principal to the job worker on the day when the
said inputs or capital goods were sent out and the said sup0ply shall be
declared in FORM GSTR-1 and the principal shall be liable to pay the tax
along with applicable interest [Rule 45(4) ]
Rule 55 Transportation of goods without issue of invoice
Issue of delivery challan: For the purposes of transportation of goods for job
work, the consigner may issue a delivery challan, serially numbered not
exceeding 16characters, in one or multiple series, in lieu of invoi8ce at the time
of removal of goods for transportation.
Particulars of delivery challan:
(i) date and number of the delivery challan;
(ii) name, address and GSTIN of the consigner, if registered;
(iii) name, address and GSTIN or Unique Identity Number of the
consignee, if registered;
(iv) HSN code and description of goods;
(v) quantity (provisional, where the exact quantity being supplied is not
known);
(vi) taxable value;
(vii) tax rate and tax amount-central tax, State tax, integrated tax, Union
territory tax or cess, where the transportation is for supply to the
consignee;
(viii) place of supply, in case of inter-State movement; and
(ix) signature
Manner of preparation of delivery challan: The delivery challan shall be
prepared in triplicate, in case of supply of goods, in the following manner,
namely:-
(a) the original copy being marked as ORIGINAL FOR CONSIGNEE;
(b) the duplicate copy being marked as DUPLICATE FOR
TRANSPORTER; and
(c) the triplicate copy being marked as TRIPLICATE FOR
CONSIGNER
Where goods are being transported on a delivery challan in lieu of invoice, the
same shall be declared as specified in rule 138. [Refer Chapter 13 titled as ‘E-
way bill’]
Sec 138(1) E-way bill requirement in case of job-work[Third proviso to
Where goods are sent by a principal located in one State or Union territory to a
job worker located in any other State or Union territory, the e-way bill shall be
generated by the principal or the job worker, if registered, irrespective of the Page240
value of the consignment. [Substituted vide NN-12/2018-Central Tax, dated 7-
Mar-20108]

Central Goods & Services Tax Act, 2017