Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Excise duty on Job Work

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Respected Forum, I am service provider received semi finished goods from my vendor for powder coating, but could not sent back within 180 days. my vendor debited me excise duty. As per Cenvat Credit Rule, 2004 Para 4(5)(a), the vendor can take the credit even if the goods received back after 180 days. Is there any law, notification that vendor can request their excise authorities for ext .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ension of time. Can i raise supplementary bill of Excise Duty, when i will sent back material to vendor after 180 days and Canvendor take the credit on the basis of supplementary bill. Please guide me how can i convince my vendor as he has adopted easy procedure and debited the excise duty and charged from me. Pls guide me accordingly - Reply By Pradeep Khatri - The Reply = You vendor can .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... not charge this duty from you as he is eligible to avail it back after the goods received in his factory premises after jobwork conducted by you. - Reply By vijay kumar - The Reply = You need not request the excise authorities for extension of time and there is no provision to grant such extension also. As per the rule cited by you, the vendor would have debited you the excise duty on account of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the fact that he had to reverse the credit due to non-receipt of processed goods within 180 days from you. Once you send back the processed goods, the vendor can take the credit and at that time you can ask him to credit the duty amount to your account. You may therefore focus on returning the goods to the vendor at the earliest. - Reply By Dilip Darji - The Reply = As per Rule 4 (5)(a) , ther .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e is no provision for extension beyond 180 days, either to your vendor or to you. As against the earlier provision for extension, it is provided in the rule that if your vendor fails to bring back processed goods withing 180 days (due failure on the part of your vendor or failure on your part), your vendor needs to pay duty involved and he can take re-credit on receipt of processed goods from yo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... u, at any further time. In such a circumstances, vendor is not required to raise any bill on you and you also need not to raise any supplementary bill. Duty debited by your vendor, for non-receipt of processsd goods would in the nature of deposit by Vendor with the Govt. - Excise duty on Job Work - Query Started By: - Ashok Chopra Dated:- 18-6-2013 Central Excise - Got 3 Replies - Central Ex .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates