TMI BlogValue of goods received for job work for E way BillX X X X Extracts X X X X X X X X Extracts X X X X ..... ONE CAPITAL GOODS MACHINE STOPPED WORKING,SAME IS DISCARTED AS SCRAP, ONE JOB WORKER, GIVE COMMITMENT TO REPAIR. THE GOODS SENT TO JOB WORKER WITHOUT E WAY BILL AS SCRAP COST IS NEGLIGABLE SAY 35 RUPEES. THE DELIVERY CHALLAN ISSUED WITH NIL VALUE. JOB WORKER REPAIRED THE GOODS WITH FOLLOWING INPUT USED 50,000/- SERVICE CHARGES 25000/- NOW AT THE TIME OF SENDING GOODS TO PRINCIPAL MANUFACTURE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... R JOB WORKER ISSUED E WAY BILL FOR VALUE ( 0 VALUE MENTIONED IN DELIVERY CHALLAN + INPUT USED 50,000+SERVICE CHARGES 25,000/- = TOTAL 75,000/- BUT WHEN THE GOODS WAS REPAIRED ITS MARKET WORTH IS 10,00,000/-WHICH CAN BE VALIDATED WITH INITIAL SUPPLY OF GOODS. SO WHAT SHOULD BE THE VALUE OF GOODS FOR E WAY BILL. IN 2ND SEEN, IF AT THE TIME OF SENDING GOODS FOR REPAIR FROM PRINCIPAL MANUFACTURER T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HE VALUE OF GOODS DECLARED AS PURCHASE PRICE (ACTUAL VALUE OF GOODS) SAY 1 LAC THE JOB WORKER REPAIR THE GOODS USING INPUT WORTH 10,000/- AND SERVICE CHARGES CLAIM AS 10,000/-. NOW, IF THESE CHARGES TO BE ADDED IN GOODS VALUE, THEN GOODS VALUE IS MORE THEN MARKET VALUE. INDUSTRY CAN USE ANY VALUE FOR THE PURPOSE OF E WAY BILL, AS NO DUTY INVOLVEMENT FOR JOB WORK. TRANSPORTER ALSO REQUIRE THE S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... UPPORTING OF VALUE DECLARED AT THE TIME OF BOOKING. SO WHAT VALUE SHOULD BE DECLARED BY JOB WORKER. - Reply By Shilpi Jain - The Reply = The value of the goods should be the value as per section 15, so the value can be the OMV (considering it to be a supply of the goods itselff) Also as mentioned by you the value mentioned in the DC is not of much relevance so there may not be any dispute from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... department if the e way bill is generated, whatever be the value adopted. - Reply By Ganeshan Kalyani - The Reply = I agree with the views of Shilpi Mam. The value in delivery challan is only to fulfill the procedure of disclosing an amount otherwise it has no relevance. - Value of goods received for job work for E way Bill - Query Started By: - GIRISH LOKHANDE Dated:- 28-7-2021 Goods and Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvices Tax - GST - Got 2 Replies - GST - 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 X X X X Extracts X X X X
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