04 March 2009
when u send your excisable goods /input ( semi finishied part finished )out of the factory for processing ,job working etc. to your vendors factory in that case you have to send it on 57 f 4 challan
you have to maintained separate register called ( Annexure IV )for recording such out going and in coming challans
but u must see that the challn must be closed within the period of 180 days otherwise u have to revirsed the credit of material after 180 days.
u can re credit that reversed credit when goods come to factory
CAclubindia
