Section 143 of CGST Act, 2017 : Section 143: Job Work Procedure

Explanation using Example

Imagine a company, 'TechFab Pvt Ltd.', which manufactures electronic gadgets. The company is registered under GST and decides to send some electronic components to 'Precision Works', a job worker, for specialized assembly. 'TechFab Pvt Ltd.' intimates the GST authorities about this arrangement as required.

'Precision Works' completes the job work and sends the assembled components to another job worker, 'FineFinish Services', for additional work. Throughout this process, no GST is paid on the transfer of components as they are not being supplied, but are sent for job work.

Once 'FineFinish Services' completes its job work, 'TechFab Pvt Ltd.' has the following options:

• Bring back the assembled components to their premises without paying GST within one year for inputs or three years...

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