Procedure loan licensing and contract manufacturing(JOB WORK ) in pharma industry in GST Regime

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..... Sir, Pl help regarding Procedure loan licensing and contract manufacturing(JOB WORK ) in pharma industry in GST Regime with gst credit and debit procudure also. Any help will be highly appreciated. .....

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..... With Regards, N K ROY 9427181604 - Reply By KASTURI SETHI - The Reply = EXTRACT FROM FAQ DATED 31.7.17 Question 4 : How loan and licensee units carry out their operations in GST regime? .....

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..... Answer : GST law does not have any special provision for loan and licensee units. Where the contract are in the nature of performance of job-work, these units can opt to follow the procedure .....

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..... laid down in section 143 of the CGST Act, 2017 i.e. the principal can send any inputs etc. to such units without payment of tax and the principal can clear the goods from the premises of such unit .....

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..... s if the principal declares these units as his additional place of business or where such units are themselves registered under section 25 of CGST Act, 2017. - Reply By nandankumar roy - The Rep .....

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..... ly = thanks sirji - Reply By KASTURI SETHI - The Reply = You are always welcome, Sir. - Procedure loan licensing and contract manufacturing(JOB WORK ) in pharma industry in GST Regime - Query Sta .....

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..... rted By: - nandankumar roy Dated:- 19-1-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India .....

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..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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