Job Work issue

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I have a question. I m register with excise and if my unit is small and need a another premises. I want to start manufacturing in that unit on job work basis. The material from parent co will go and after the job work will come back to parent co. Duty will be paid by parent co on sale price which will include the job work charges. Please suggest how to go about it - Reply By KASTURI SETHI - Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Reply = Procedure is laid down in Notification No.214/86-CE as amended. - Reply By Mahir S - The Reply = Yes, you have to follow the job work procedure as mentioned above and take precautions for issue/receipt of goods and valuation of goods at the time of clearance of goods from parent factory. - Reply By Swapneswar muduli - The Reply = Dear Prem JI, You can sent the goods under .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cenvat credit Rule 4(5)a with Annexure-II Challan for Job work. After complete the job work you received the material on Challan and same challan will be closed after received the material. For Sending the material and received the material you need to maintained Register-V in appropriate format. But the time limit for return the Goods is 180 Days. If your Goods not returned with in 180 Day .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s from your job worker. You need to reverse the proportionate Cenvat Credit on these Inputs. Regards Swapneswar - Reply By Ashish Gupta - The Reply = You can also directly clear material from there under 4(6) under invoice by following the rules by taking permission from AC/DC of Central Excise. - Job Work issue - Query Started By: - Prem Bajaj Dated:- 20-1-2016 Central Excise - Got 4 R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eplies - Central Excise - 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