According to Rule 45 - Conditions and restrictions in respect of inputs and capital goods sent to the job worker of Central Goods and Service Tax Act, 2017 as passed by Lok Sabha :

  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. The challan issued by the principal to the job worker shall contain the details specified in rule 55.

  3. The details of challans in respect of goods dispatched to a job worker or received from a job worker or sent from one job worker to another during a quarter shall be included in FORM GST ITC-04 furnished for that period on or before the twenty-fifth day of the month succeeding the said quarter.

  4. Where the inputs or capital goods are not returned to the principal within the time stipulated in section 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 supply shall be declared in FORM GSTR-1 and the principal shall be liable to pay the tax along with applicable interest.

Explanation .- For the purposes of this Chapter,-

  1. the expressions “capital goods” shall include “plant and machinery” as defined in the Explanation to section 17;

  2. for determining the value of an exempt supply as referred to in sub-section (3) of section 17-

    1. the value of land and building shall be taken as the same as adopted for the purpose of paying stamp duty; and

    2. the value of security shall be taken as one per cent. of the sale value of such security.


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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.