Jobwork procedure.

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..... of tax, to a jobworker for jobwork and from there subsequently send to another jobworker and likewise, and shall, (a) bring back inputs, after completion of jobwork or otherwise, or capital goods, other than moulds and dies, jigs and fixtures, or tools, within one year and three years, respectively, of their being sent out, to any of his place of business, without payment of tax; (b) suppl .....

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..... onsibility for keeping proper accounts for the inputs or capital goods shall lie with the principal. Where the inputs sent for jobwork are not received back by the principal after completion of jobwork or otherwise in accordance with the provisions of clause (a) of sub-section (1) or are not supplied from the place of business of the jobworker in accordance with the provisions of clause (b) of .....

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..... s (1) and (2), any waste and scrap generated during the jobwork may be supplied by the jobworker directly from his place of business on payment of tax, if such jobworker is registered, or by the principal, if the jobworker is not registered. Explanation . - For the purposes of jobwork, input includes intermediate goods arising from any treatment or process carried out on the inputs by the prin .....

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