Job work charges
This query is : Resolved
05 December 2013
Sir,
We are manufacturer of Fencing material. We have another branch(manufacturing unit) at other state. We have common balance sheet maintained. my question is if we are doing job-work for our another unit, is it necessary to charge some amount as processing charges from them or not ?
Please help me.
Thanks & Regards,
We are manufacturer of Fencing material. We have another branch(manufacturing unit) at other state. We have common balance sheet maintained. my question is if we are doing job-work for our another unit, is it necessary to charge some amount as processing charges from them or not ?
Please help me.
Thanks & Regards,
05 December 2013
you can charge for processing work but any other duty will not be applicable like service tax.
05 December 2013
Thanks Sir,
But during last year transaction we are not claim the same from them.
Is is any problem create now ? Is it necessary for inter unit.
Regards,
But during last year transaction we are not claim the same from them.
Is is any problem create now ? Is it necessary for inter unit.
Regards,
06 December 2013
MR SAHOO
AS ANOTHER UNIT IS YOUR OWN HAVING COMMON BALANCE SHEET, YOU NEED NOT TO CHARGE ANY JOB WORK CHARGES FOR GETTING THE JOB WORK DONE.
AS FAR AS APPLICABILITY OF EXCISE DUTY, THE EXACT PROCESS OF JOB WORK TO BE CONSIDERED WHETHER OR NOT IT AMOUNTS TO MANUFACTURE.
AS ANOTHER UNIT IS YOUR OWN HAVING COMMON BALANCE SHEET, YOU NEED NOT TO CHARGE ANY JOB WORK CHARGES FOR GETTING THE JOB WORK DONE.
AS FAR AS APPLICABILITY OF EXCISE DUTY, THE EXACT PROCESS OF JOB WORK TO BE CONSIDERED WHETHER OR NOT IT AMOUNTS TO MANUFACTURE.
06 December 2013
thanks alot.
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