12 June 2018
RESPECTED EXPERTS WE SENDS 10000 METERS CLOTH FOR MAKING SHIRTS TO JOB WORKER OF 7 LAC VALUE. BUT WE RECEIVED SHIRTS AGAINST THIS CHALLAN OF 10000 MTR IN PIECEMEAL LIKE SOME DAY 400 PCS ANOTHER DAY 250 PCS ETC WITH HIS JOB WORK BILL OF FABRICATION OF SHIRTS LIKE 400 INTO 150= 60000 PlUS GST. MY QUESTIONS REGARDING THIS IS AS FOLLOWING
1. IN MF TO JW SHEET WE SENDS CLOTH IN MTRS AND CHALLAN TAXABLE VALUE AND DESCRIPTION OF GOODS IS CLOTH 2. IN JW TO MF SHEET WE RECEIVED SHIRTS IN PCS AND AND WE ENTERED JOB WORKS INVOICE VALUE LIKE 60000 AS TAXABLE VALUE. AND WE SHOW DIFFERENT DATES OF SHIRTS RECEIVING IN AGAINST A SINGLE CHALLAN NUMBER
WE HAVE ALSO FILED THE ITC 04 RETURN FOR THREE QUARTERS IN SAME WAY .BUT I HAVE HEARD FROM SOMEWHERE THAT IN JW TO MF SHEET WE ARE PUTTING WRONG TAXABLE VALUE. IT SHOULD BE ORIGINAL CHALLAN VALUE LIKE EVERYTIME 7 LACS WHENEVER WE RECEIVE SHIRTS AGST THIS CHALLAN. WHETHER WE HAVE RECEIVED ONLY 100 SHIRTS. BUT WE HAVE FILED THREE RETURNS ACCORDING TO ABOVE PROCESS. PLEASE CLEAR MY DOUBTS.
12 June 2018
If you are sending material to job workers & the material is received within 180 days, then no GST has to be charged on the delivery challan. The amount of GST paid can be claimed as refund.
CAclubindia
