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मल्टी-स्टेट_जॉब_वर्क_नियम
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00:00Hello and welcome to this explainer. Today we are going to solve the mystery of a topic which may sound a little strange.
00:06It sure seems complicated
00:08Just think about multi-state job work compliance
00:111000 kg of scrap goes from one state to another
00:15From there it goes to a third state and finally comes back as a shiny finished product.
00:21What exactly goes on behind the GST portal and these papers during this entire physical journey?
00:27So, without any further delay, let's dive right in and understand this entire journey in detail.
00:32Are
00:33Today's explainer can be seen as a logistics root map.
00:37first the core rule
00:39Second step 1 sending raw material
00:42Third step 2 endorsing the challan
00:45fourth step 3 the final return
00:48Fifth, invoicing and returns
00:51And finally the ticking clock
00:54Let's start with the first section
00:57So the most important point here is that between a normal sale and job work
01:03There is a world of difference
01:05This is often the biggest misconception in the industry.
01:08As soon as the goods left the factory
01:10Then it is considered a sale.
01:12no way
01:13On the one hand, a proper tax invoice is generated upon actual sale.
01:17And that has to be shown in GSTR 1.
01:19On the other hand, the whole game of job work is different.
01:22Here the goods are being sent only for some specific work.
01:26Therefore, instead of a tax invoice, a delivery challan is generated.
01:29And it is reported on the portal through ITC04.
01:33Simple isn't it?
01:34Now let's come to section 2
01:35Step 1: Sending raw materials
01:37This is our entire supply chain today.
01:40Which we are going to practically track
01:43will pay attention
01:441000 kg of scrap comes out from Delhi
01:47and goes to Haryana
01:48Where good bottles will be made from this scrap
01:51Then these bottles will move forward from there.
01:54towards Uttar Pradesh
01:55For polish and packing
01:57And finally, 1000 ready-made bottles from UP
02:01will return back to Delhi
02:03This is a step by step physical journey
02:05So let's focus on the first leg of the journey.
02:09When Delhi's principle sold its 1000 kg scrap
02:13Sends job worker from Haryana
02:15So see the delivery challan is generated
02:18And write a very specific reason on this challan.
02:21It is absolutely compulsory
02:23sent for job work under section 143
02:26And yes, if the value of this scrap
02:28is above fifty thousand rupees
02:30So along with this delivery challan
02:32It also becomes necessary to generate an e-way bill.
02:35This step basically ensures
02:37that the goods are legally
02:39without sale
02:47And it really shows it brilliantly.
02:50How practical can the rules of GST actually be?
02:53Instead of creating a new tax invoice every time
02:56Here comes the concept of endorsement of challan.
02:58This simply means that
03:00That the original delivery challan came from Delhi
03:02to the same challan
03:03Further transfer in the name of another job worker
03:05That means it is endorsed
03:07The manufacturing process proceeds seamlessly
03:09And the hassle of new paperwork again and again is completely over.
03:12Think of it as a single challan chain.
03:14This entire journey is being tracked.
03:16But what is the technical meaning of this endorsement?
03:19The original challan whose number is assumed
03:21DC-001
03:23The letter is written behind it
03:25To the job worker from Haryana
03:27on the back or bottom of the original document
03:29Some clear details have to be written.
03:31like forward it to
03:32In which the full name and address of the polish works of UP will be given.
03:36Then take the quantity i.e. 1000 bottles
03:38Who forwarded this?
03:40what is the date
03:41And what is the vehicle number?
03:43Just add this small detail
03:45A legal document for the entire journey ahead
03:48becomes perfectly valid
03:49But wait.
03:50There is one very important and significant exception here.
03:53The challan is the same old one
03:55or endorsed
03:57But for every new movement
03:58The e-way bill is generated completely fresh.
04:00To go from Haryana to UP
04:02A new and separate e-way bill
04:04It is imperative to generate
04:05This e-way bill is either for a job worker from Haryana
04:08can make it himself
04:09Or the principle that is sitting in Delhi
04:12He can also take issue with this.
04:18last leg of the journey
04:20Coming out of UP
04:22a thousand all set
04:23Polyester and compact bottles
04:25She returns to her home in Delhi.
04:27for this last journey
04:29Either a new return challan is generated
04:31or keep going the same way
04:33One last thing on the old challan
04:35endorsement is made
04:36And as we understood earlier
04:38A fresh one for this final movement as well
04:40E-way bill will definitely be generated
04:41A perfect shift of inventory can be understood here.
04:45The raw scrap that initially came out of the factory
04:47It is now in the form of properly finished goods.
04:49back in stock
04:50Let's move on to section 5.
04:53invoicing and returns
04:55We understood physical movement.
04:57But now comes the turn of the financials.
04:59It is very important to understand this
05:01Because throughout this journey
05:03The actual sale never happened.
05:05Therefore, the job workers
05:07were in Haryana and UP
05:09He never pays the full price of the goods
05:11i.e. on scrap or bottle value
05:13Will not create an invoice
05:14He is just and only responsible for his labor
05:16That is, on your services only
05:18GST invoice will be charged
05:19Haryana wala job worker only for making bottles
05:22will give the invoice of charges and the one from UP
05:24Only your polish and packing charges
05:27Now in this whole process
05:28which brings out the most interesting thing
05:30That is, it contains GSTR 1
05:33The names are not up to the mark
05:34We looked at three stages
05:36Delhi to Haryana, Haryana to UP
05:38And back from UP to Delhi
05:40As a document at every stage
05:43Challan and e-way bill are in operation
05:45But in the GST portal return section
05:47One and only name
05:49Shining ITC04
05:51This multi-state chain
05:54To track legally on the portal
05:55ITC04 is the largest
05:58And the most crucial is Hafiyar
06:00And now the last section
06:02the taking clock
06:03One, just one year
06:06This is that deadline
06:07That's a strict time limit
06:09Within which this entire multi-state
06:11start and end of the process
06:13It is extremely important
06:14Understanding the depth of this rule and its dangers
06:17is a must
06:18If the goods are shipped within one year
06:21If he does not return then compliance
06:23The rule is broken and GST
06:25department that physically sent
06:27the goods will automatically be sent to a
06:29supply means taxable sale
06:31I assume it simply means
06:33Heavy taxes, penalties
06:35and throughout the accounting system
06:37a terrible uproar
06:38Delivery challan and e-way bill
06:40Properly maintaining just one
06:42It is not a paper procedure but this
06:44to escape a year's wrath
06:46If there is only one way then this
06:48We love the entire explainer very much.
06:50Let's end with a deep and important question.
06:52Think about it if
06:54department as of today
06:56What if there is a sudden audit?
06:58current stock records of the business
07:00hand written endorsed challan and
07:02ITC04 filings confirm this fact.
07:05To prove it 100%
07:06Are you ready for this multi-state movement?
07:08Not just a sale, but just one
07:10It was a job work, this one
07:12It is a question that compels
07:14that we are committed to our compliance records and
07:16Verify your chain of balance today
07:18To stay connected with this explainer
07:20Thank you very much
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