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GST - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

GST - Valuation - job work - amortization of cost of moulds and ...

Circulars     GST

June 15, 2018

GST - Valuation - job work - amortization of cost of moulds and dies etc. - if the contract between OEM and component manufacturer was for supply of components made by using the moulds/dies belonging to the component manufacturer, but the same have been supplied by the OEM to the component manufacturer on FOC basis, the amortised cost of such moulds/dies shall be added to the value of the components.

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