Jb work
This query is : Resolved
niloy sanyal
(Querist)
01 January 2019
Suppose M/S.. A & Co. sent JOB WORK PURPOSE some material to M/s Y & Co. through Job Work Challan which Qty 40 Pcs & Taxable Value Rs. 40,000.00( excluding GST). After complet the work M/S. Y & Co. return 40 Pcs. material through Job Work Challan in schedule time & mention taxable value (Rs. 40,000+1,200=41200) ( excluding GST) & also produce his INVOICE (LABOUR CHARGES) value Rs. 1200 + GST 18% Now my question is taxable value is correct which Mr. Y mention in his job work challan
CA R SEETHARAMAN
(Expert)
01 January 2019
Yes taxable value is right mentioned by y in his job work challan.
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