Neeraj Pangotra (Accounts & Audit Manager) (42 Points)
22 May 2011Dear Sir/Madam,
Can a Manufacturing company do job work of another companies in its premises?
If yes then what is the procedure? is there any need of ammendment in Registration? Please tell me the whole procedure and plz solve my query as soon as possible.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 23 May 2011
there is no bar for doing job work on account of other manufacturers by an exciseable manufacturer, provided the excise liability of such goods are discharged by principal manufacturer,
in absence of such duty discharge, job would would stand liable for it.
Durga prasad Ambati
(Taxation, Pursuing CA)
(737 Points)
Replied 24 May 2011
Dear neeraj
Yes, Manufacturing company do job work of another companies in its premises...
The Procedure is Maitain returnable job work challans file and Anexxure - IV Registers, Maintain Registers seperately for own manufacturing and job work,
Keep records with update daily , and along with stroes and security registers. the manufacturing procedure and products are same there is no amendment for registration.
6 days Certification Course on GST Practical Return Filing Process
CAclubindia
