Jobwork Valuation
This query is : Resolved
13 January 2021
We are Job worker, we are doing assembly process in that some components add in assembly process, my query is what is the taxable value, whether we consider value of material supplied by principal for taxable vale or not
13 January 2021
Such job works are exempt from GST when materials are supplied by principal.
If job worker wants to raise tax invoice exclude material supplied by principal.
If job worker wants to raise tax invoice exclude material supplied by principal.
13 January 2021
Thank you sir, Is this Interstate transaction also taxable value exclude the material supplied by principal
13 January 2021
Thank you sir, Is this Interstate transaction also taxable value exclude the material supplied by principal
Read more at: https://www.caclubindia.com/experts/jobwork-valuation-2829579.asp
Read more at: https://www.caclubindia.com/experts/jobwork-valuation-2829579.asp
13 January 2021
In case of free supply exclude for interstate also for calculating taxable value.
For Eway bill such material should be included.
For Eway bill such material should be included.
13 January 2021
No, you need not consider material value in your supply value (job work charges only).
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