A manufacturer wants to send raw material directly from the supplier to the job worker. when will the manufacturer show inward in his stock register and take cenvat credit of raw material? Also, how the Annexure will be issued?
2 Replies
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 15 February 2014
Yes, you can send the material direclty to Job work permises for further processing but you don't take the cenvat credit without material received in the factory. You can take the cenvat credit when you have received the processed material to your factory permises. you can raise the excisbale challan under Rule 16A of central excise rules 2002 from the factory of supplier to the factory of job worker for further process and subsequent return to the parent factory.
Recent Topics
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
- Missing invoice in gst
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
Related Threads
CAclubindia
