TMI BlogSSI Units and Job WorkX X X X Extracts X X X X X X X X Extracts X X X X ..... worker can carry out job work on material sent by SSI and return the processed goods to SSI unit without payment of duty, and The SSI unit can do further processing on these inputs and clear his final product without payment of duty if his turnover is below Rs.150lakhs. For this purpose, i.e. to send goods for job work, SSI unit has to file two declarations with the Assistant/Deputy Commissio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... threading, machining, punching etc.. 2. Though the job worker is not required to pay duty on such material, but should maintain proper records. Procedure has been prescribed for this purpose. 3. Job worker may be a small scale industry or it may be a large scale industry. Assessable Value: Please see chapter on Valuation. - Manuals - Ready reckoner - Law and practice - Reference Gui ..... X X X X Extracts X X X X X X X X Extracts X X X X
|