in ITC 04 RETURN.
1)what will be the taxable value?
when the job worker sends back the material to manufacture (principle).
Pls clarify. Will it be original value or original value plus value added by job worker.
2)I textiles we are sending raw materials in kgs and receiving back finished goods in meters.
in job work to manufacture page what will we enter ?
we have supplied in kgs and receiving back in meters.
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ITC 04 taxable value?
Replies (4)
u r sale is u r taxable value
Addition done by job worker will not consider.. Your taxable value is same as value of supply..
sale value is determined at the time of billing. as per market saniro. according to demand .
Pls clarify in such cases what will be the taxable value in form Job worker to manufacture?
Goods are sent in KGS for job work and get the finished goods back in PCS after Job Work, then how to file ITC-04.
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