Eye Share : Job work taxation – pre and post GST

Job-work, under erstwhile central excise tax law, implied working/processing upon raw materials or semi-finished goods that are supplied by Principal to job worker.GST law expanded the scope of job-work whereby job-work is understood as any treatment or processing done by a person on goods belonging to another registered taxable person.Ms. Harini Sridharan (CA) in her incisive write-up attempts to understand the relevance of landmark SC ruling in Prestige Engineerin...