What is the code of Job work and which sector we defined it ? is it service or trading others ?
zeal sheth (CA) (127 Points)
29 March 2009What is the code of Job work and which sector we defined it ? is it service or trading others ?
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 29 March 2009
Job work has not been defined at any place.
It may amount to manufacture, if the process undertaken amounts to manufacture within meaning of Section 2(f) of the Central Excise Act. It amounts to rendering of service, as per definition of Business auxiliary service, when the process undertaken does not amount to manufacture.
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