Rule 45
Conditions and restrictions in respect of inputs and capital goods sent to the job worker
GST
Input Tax Credit
Rule 45 of Central Goods and Services Tax Rules, 2017
45. Conditions and restrictions in respect of inputs and capital goods sent to the job worker.-
\n(1) The inputs, semi-finished goods or capital goods shall be sent to the job worker under the cover of a challan issued by the principal, including where such goods are sent directly to a job-worker 2[, and where the goods are sent from one job worker to another job worker, the challan may be issued either by the principal or the job worker sending the goods to another job worker:
\nProvided that the challan issued by the principal may be endorsed by the job w<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n day of the month succeeding 5[the said period] 1[or within such further period as may be extended by the Commissioner by a notification in this behalf: = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n of paying stamp duty; and = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Rule 45Conditions and restrictions in respect of inputs and capital goods sent to the job workerGSTInput Tax Credit Rule 45 of Central Goods and Services Tax Rules, 201745. Conditions and restrictions in respect of inputs and capital goods sent to the job worker.- (1) The inputs, semi-finished goods or capital goods shall be sent to … Continue reading “Conditions and restrictions in respect of inputs and capital goods sent to the job worker”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4046","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/4046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4046"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/4046\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nProvided 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.]
\n6[Explanation. – For the purposes of this sub-rule, the expression “specified period” shall mean,-
\n (a) the period of six consecutive months commencing on the 1st day of April and the 1st day of October in respect of a principal whose aggregate turnover during the immediately preceding financial year exceeds five crore rupees; and
\n (b) a financial year in any other case.]
\n(4) Where the inputs or capit<\/p>\n
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\n (b) the value of security shall be taken as one per cent. of the sale value of such security.
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\nNOTES:-
\n1.
\nInserted vide Notification No. 51\/2017 – Central Tax dated 28-10-2017
\n2.
\nInserted vide Notification No. 14\/2018 – Central Tax dated 23-03-2018
\n3.
\nOmitted vide Notification No. 74\/2018 – Central Tax dated 31-12-2018 before it was read as, “or sent from one job worker to another”
\n4.
\nSubstituted vide Notification No. 35\/2021-Central Tax dated 24-09-2021 w.e.f. 01-10-2021 before it was read as, “during a quarter”
\n5.
\nSubstituted vide Notification No. 35\/2021-Central Tax dated 24-09-2021 w.e.f. 01-10-2021 before it was read as, “the <\/p>\n
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