TMI BlogJob Work issueX X X X Extracts X X X X X X X X Extracts X X X X ..... Job Work issue X X X X Extracts X X X X X X X X Extracts X X X X ..... 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: The 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time of clearance of goods from parent factory. Reply By Swapneswar muduli: The Reply: Dear Prem JI, You can sent the goods under 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 R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egister-V in appropriate format. But the time limit for return the Goods is 180 Days. If your Goods not returned with in 180 Days 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AC/DC of Central Excise. X X X X Extracts X X X X X X X X Extracts X X X X
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