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subcontracting process

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..... subcontracting process
Query (Issue) Started By: - Prasad Kulkarni Dated:- 12-6-2015 Last Reply Date:- 17-6-2015 Other Topics
Got 3 Replies
Indian Laws
HI, can anyone pl suggest solution for above process. i have sent material for subcontracting process in which raw material goes out to subcontractor end , he then use some pins, screws & some parts from his end., i receive subassemb .....

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..... ly from him. which challan will be useful for it. Reply By Mahir S: The Reply: Generally job work challans are used for job work purpose. However, in your case, you may opt for private challans or clear and receive back on Returnable gate passes. The procedure above shall mostly depend on the quantum and value of the job work carried out and whether finished goods are excisable or otherwise. .....

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..... Reply By Prasad Kulkarni: The Reply: HI Mihir, can you suggest which challan number is used for above process? . my client send raw material to his subcontractor, against this subcontractor uses pins , screws, some parts and convert raw material into subassembly. so what procedure does he needs to follow from the point of excise. Reply By Mahir S: The Reply: Sir, Though you have used the te .....

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..... rm sub contracting process, however the process is nothing but job work process and it is therefore advisable to follow procedure prescribed under noti no. 214/86 CE. The above procedure is required if you are registered under central excise and also making duty payment on finished goods manufactured in your factory premises. You may issue job work challans for issuance of raw materials and for .....

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..... receipt back of subassembly material from the subcontractor if you are registered under central excise, else you may use Ordinary challans books which are available in the market.
Discussion Forum - Knowledge Sharing .....

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