Deputy General Manager Indirect Taxation Interview Questions and Answers

Documents required for backward transportation of goods returned without any documents.

• A delivery challan should be issued by the supplier

• The delivery challan should contain details of the goods being returned

• The delivery challan should be signed by the transporter

• The delivery challan should be accompanied by a copy of the invoice

• The delivery challan should be marked as 'goods returned'

• If the goods are being returned due to any defect, a credit note should also be issued

Job worker is a person who processes or works on goods belonging to another person. ITC-04 is a return for goods sent for job work.

• Job worker is a person who processes or works on goods belonging to another person

• The person sending the goods is called the principal

• The job worker may or may not be registered under GST

• ITC-04 is a return that needs to be filed by the principal to declare the details of goods sent for job work and received back

• The return helps in claiming input t...read more