on 08-20-2009 8:50 AM
Hi all,,
can any one hlep me on Job work process and CIN related process for job work
Regards
Mastan Rao
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Hello Mustan
Job work is the process in which we receive semi finished material from customer and sell them back as a finished good. Hence no material accounting will take place. Item category should be free of charge item TANN. Material should be non valuated material.
Excise duty need to pay on total material price.
Regards,
Suresh
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