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Treatment of material used in execution of jobwork

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 September 2013 Mr. Experts,

Company A, a manufacturing company of packaging materials, receives excisable material from parties on job work basis.
it processes the received material by using some of its own excisable raw material on which cenvat already been claimed by company.

herewith , i want clarification whether cenvat on raw material ( for making finished goods earlier but used in jobwork execution later)should be reversed as this was not used in execution of making its own finished goods.

also clear can this job wokred material be sent without genrerating excisable invoice?

05 September 2013 You should reversed the cenvat credit on input used in the job work goods and goods should be removed under job work challan within 180 days.

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2013 Please refer me the rule or section in which it is described.




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