JOB WORK OR SUPPLY OF GOODS

To determine whether the arrangement is a job work or a supply of goods, let's analyze the scenario:

 Key Factors 1. *Finished Goods*: The party will supply finished goods, indicating a supply of goods.

 2. *Raw Materials*: The party will use several raw materials, but one raw material will be supplied by the party to the manufacturer.

3. *Manufacturer's Role*: The manufacturer will use the raw materials, including the one supplied by the party, to produce the finished goods.

Job Work Characteristics For an arrangement to be considered a job work:

1. The goods must be owned by the principal (the party).

2. The principal must supply the goods to the job worker (the manufacturer