TMI BlogValuation of job workX X X X Extracts X X X X X X X X Extracts X X X X ..... Circular on clarification of issues on job work dt 26th March 2018. Point 9.4 sec (iii) allows for the waste and scrap to be supplied by the job worker if the job worker is registered under GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T. Often, job working charges are so negotiated with principal because the job worker is allowed to dispose the scrap and retain the proceeds. In this situation, should the job worker add the value ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of scrap to the job working charges while invoicing the principal for job work? If yes, the job worker is already disposing the scrap upon payment of GST. If the value of the scrap is added to job ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... working charges, then will it not be a case where GST is paid twice on the scrap? - Reply By Ganeshan Kalyani - The Reply = In my view, when scrap is sold by the job worker then the value of the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crap shall not be added in the value of job work charges. - Reply By Ganeshan Kalyani - The Reply = What is the cost of the software? - Valuation of job work - Query Started By: - Nikhil Oltikar D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated:- 28-6-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - 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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