TMI BlogJob work reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... We are manufacturer of Liquid Carbon Dioxide Dry Ice which is by products of our main plant i.e. Sponge Iron. Our production of Sponge Iron is presently stopped. To meet the requirement of our customers for Dry Ice, we intend to receive Liquid Carbon Dioxide (Free issue for job work) under cover of Excise Invoice with charging 12.36% Excise duty VAT @ 5%. On receipt of material we shall be ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... king benefit of CENVAT of Excise duty VAT. The receipted liquid Carbon Dioxide is used for processing / job work of Dry Ice. The finished goods i.e. Dry Ice is sent back to the same supplier by raising our Excise Invoice with charging Excise duty 12.36% on value of material (i.e. cost +VAT+ Tpt. charges + our value addition) and also charging the VAT. Kindly let us know whether we are follow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the correct procedure for job work? or any other procedure to be followed to meet the requirement of our customer during stoppage of our production. Kindly also guide us whether the Department take objection for above transaction. Regards, VINAY - Reply By Pradeep Khatri - The Reply = This query has been replied earlier. Since you are paying the applicable excise duty on the goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... while removing, as far as my knowledge goes, there should not be any issue in the near future. You may disclose all the material facts to the commissioner of Central Excise for getting the clarification on this matter or you may adopt the path of Advance Ruling. - Job work reg. - Query Started By: - vinay wakde Dated:- 1-1-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - 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 X X X X Extracts X X X X
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