There was an accident just outside the factory when a worker left the plant gate after serving his duty hours. As a result of the accident the worker got heavy head injury.

Our HR does not considering the case as an IOW (Injury on Work) on the ground that the worker has left the gate and met the accident. Under such circumstances there is no provision in the Factory Act or any other act which will cover the case as IOW and would provide compensation.

The HR is also claiming that the age old provision of "An accident shall be deemed to covered under IOW if the accident takes place even before one hour the duty hour starts and last after one hour the employee leaves the factory gate" has been abolished.

I sought expert’s advice to know:-

"Is there any provision under which the worker will be benefited?" Please quote the section under the relevant act.

Your opinion will highly be solicited.

Regards

Maksud

HI,

I SOLD MY PRODUCT ON CIF BASIS. BUT BY 31st MARCH-13 IT WAS IN TRANSIT.

SO NOW I NEED TO SHOW THIS ITEM AS A STOCK-IN-TRANSIT.
1. AM I NEED TO VALUE THIS INVENTORY INCLUDING INSURANCE, FREIGHT AND CUSTOMS DUTY.
OR
2. AM I NEED TO SHOW INSURANCE, FREIGHT AND CUSTOMS DUTY AS A EXPENDITURE IN 2012-13 AND VALUE INVENTORY AT COST.

PLEASE CLARIFY THE SAME.

REGARDS
K.M.B

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