09 January 2015
Our company is manufactured equipments. Its small SSI unit. we are filled ER 3 return, quatarly.
We have also done job work under notification no. 214/86-dated 25.03.1986 in our factory for one customer i.e. X. Now X supplied raw material to our factory. we done job work & return material to X. X is pay excise duty on final product cleared at his factory.
Now my question is whether we have to show job work in excise return ER 3 or not. If its shown then How. For your information, we issue invoice of job work without excise.
Also give me answer whether VAT is applicable in this case or not.
CAclubindia
