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Itc-04

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(Querist)
01 February 2018 Dear Experts,

We are manufacturers and getting job work also. Now we have to file ITC-04. We are sending material for further processing over DC by mentioning value (for Ex. Rs. 67 per component which includes raw material cost also) and the same is entered in ITC4 Mfg to_JW also.

Job worker will process components and send back the components with invoice. In their invoice, they charge only labour charges,per component (for Ex. Rs. 15/-) basis. Same is declared in ITC 04 JW-MFG

Since amount will not tally between out DC and Job workers invoice/dc, is there any problem for us ?
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Udaya Chandran

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Udaya Chandran (Expert)
01 February 2018 When you send materials for job work, you need to mention SAC for job work and job cost only and not the materials cost.
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