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student
66 Points Posted on 14 July 2018

In our manufacturing process we require a particular part X which is directly supplied by customer's vendor (under bill to ship to model).

 

While selling the finished goods we dont consider the value of X as it is borne by our customer.

What are the implications of this on valuation aspect or any other provision attracted like job work etc.?

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On 14 July 2018 at 14:24 Report
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"Do the Right Thing...!!!"
77792 Points Posted on 14 July 2018
What about the Part of X is Your purchase or not...?
If not then

How to You receive the goods to Your end and which documents?
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On 14 July 2018 at 14:39
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student
66 Points Posted on 14 July 2018

Part X is purchased by our customer and directly supplied to our factory.

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On 14 July 2018 at 15:20
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GST Practitioner
29904 Points Posted on 15 July 2018
Yes if you fixed that X part to your finished product it's kind of job work. yes you are right that you cannot consider the value of X , as it's not being purchase by you But fixing it to finished product is kind of labour/jobwork ,
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On 15 July 2018 at 00:33

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