Job worker
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 December 2011
In case Job Worker charges only job work charges from the raw material supplier for the job work done on that (amounting to manufacture)then on what amount the excise duty will be charged?
U S Sharma
(Expert)
15 December 2011
if the goods are sent under annexure II challan by principal, then no tax
if private challans are used then fair market value on which the principal will sell the goods to next unrelated buyer will be subject to ED discharged by the job worker.
if private challans are used then fair market value on which the principal will sell the goods to next unrelated buyer will be subject to ED discharged by the job worker.
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