Non Modvat
This query is : Resolved
08 June 2010
I am working a smallscale Industries, In Our company, we purchse the material & material sent for job work. Some time Material Comes Non Modvatable, & send for Jobwork. These Non Modvatable Material are shown in Challan (57F4) or Not? or send it retunable gatepass?
08 June 2010
challan 57f4 is necessary in case of sending capital goods and not the material....
Have returnable gate pass only and ensure that material comes back within 6months....or else reverse back the credit taken
Have returnable gate pass only and ensure that material comes back within 6months....or else reverse back the credit taken
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