job work
This query is : Resolved
04 June 2010
what is the correct procedure to adjust the short qty of material sent on job work. i mean if there is physical shortage (except scrap allowance) at the job worker end of our material what adjustment we can made. can we raise debit note or we have to raise proper invoice of scrap/sale of material.
pls advise.
pls advise.
07 June 2010
In this case you would have availed the credit for the raw material.
Option 1- JW would sell the scrap and raise his invoice for discharge of CED. [ this may not happen in your case]
Option - 2 You would calcuate the RM not sent back and reverse the duty availed by debit to the JW under an invoice.
Option 1- JW would sell the scrap and raise his invoice for discharge of CED. [ this may not happen in your case]
Option - 2 You would calcuate the RM not sent back and reverse the duty availed by debit to the JW under an invoice.
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