TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Job Workers Can't Claim Modvat Credit on Inputs; Liability Falls on Manufacturer per Rule 57F(4) of Central Excise Rules.</h1> The circular addresses the issue of Modvat credit availability for inputs used by job workers in job-working contracts. According to rule 57F(4) of the Central Excise Rules, 1944, manufacturers can have job work done on their inputs or partially processed inputs. However, the duty liability falls on the manufacturer, not the job worker. Consequently, job workers are not entitled to avail Modvat credit for inputs used in such job-working arrangements.
TaxTMI 
TaxTMI 
