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.
Menu
Taxable value in itc 04 jw to mfg sheet
Replies (1)
1) taxable value will be the job working charges plus any material used under the contract of job work.
sorry I'm not.clear with question 2
sorry I'm not.clear with question 2
Recent Topic
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
Related Topics
CAclubindia
