Goods Received Note

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..... Goods Received Note
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 18-9-2010 Last Reply Date:- 27-9-2010 Central Excise
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Central Excise
we are registered under Centr .....

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..... al Excise Act, we are giving instruction to our supplyers to direct deliver Raw Materials to our job workers in this case can we entered the same materials in our store record as stock on basis of sup .....

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..... pliers documents while material is delivered directly in our job workers. Reply By Rama Krishana: The Reply: It depends upon your accounting policy. As per excise procedures, you can avail the credit .....

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..... of duty paid on inputs only after actual receipt of material in your factory premises. Since the material is not received by you, you can not avail credit as long as material is pending with the job .....

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..... worker. Regarding maintaining stock and control over stock with the job worker, you may keep any record as per your policy.
Discussion Forum - Knowledge Sharing .....

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