I have a query that I'm the Principle Manufacturer and I'm not registered with Excise and I provide Raw Material to a job Worker and he Manufactures the Finished Product in his Factory he is registered with excise. now I want to know 2 things one is who will be liable to pay Excise Duty and what should be the accounting treatment for whole the transaction as I will Export this item to other country.
13 May 2016
in your case you cannot tell himself as principal , due to you have not any excise registration, mfg is the principle in your case and mfg charge the excise on goods mfg. and mfg pay the same with dept.
CAclubindia
