When we send the scrap, which is generated during production process, to job work on returnable basis (as raw material), how it will be treated in excise? what is the procedure?
Please advise on urgent basis.
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
The material supplier sends material to the job worker for production in should return in 180 days otherwise it is considered as sales & the m.supplr should pay the excise
if it is return in 180 days then before its sending to J.W with the challan