16 August 2011
in the case of UJJAGAR PRINTS- SC has been decided that job worker shall be treated as manufacturer.what shall be the transaction value for job worker as he is just handling the goods to principal manufacturer and not selling the goods. please suggest.
17 August 2011
conversion of goods from one CETA to another on behalf of principal manufacturer comes under excise payable by job worker, unless the principal manufacturer untertakes to discharge the duty liability on such goods.
for valuation purpose the input value+ job work value is the assessable value for job worker.