TMI BlogProcedure loan licensing and contract manufacturing(JOB WORK ) in pharma industry in GST RegimeX X X X Extracts X X X X X X X X Extracts X X X X ..... Procedure loan licensing and contract manufacturing(JOB WORK ) in pharma industry in GST Regime X X X X Extracts X X X X X X X X Extracts X X X X ..... Services Tax - GST X X X X Extracts X X X X X X X X Extracts X X X X ..... e also. Any help will be highly appreciated. 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 carr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y out their operations in GST regime? 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 uni ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts can opt to follow the procedure 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from the premises of such units 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 n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... andankumar roy:
The Reply:
thanks sirji
Reply By KASTURI SETHI:
The Reply:
You are always welcome, Sir. X X X X Extracts X X X X X X X X Extracts X X X X
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