job work details in er-2

[raj nadh]

Dear Experts,

We are sending out the material on job work challan a semi-finished product to another factory on job work basis by taking bank guarantee. we get back the material after completion of job work.

How can I show this entire transaction in ER-2.

Anand

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

Job work reporting: guidance sought on recording outward and return of semi finished goods in ER 2 under bank guarantee. The document queries how to record semi finished goods sent out on job work under a bank guarantee and their subsequent return, asking specifically how the outward dispatch and inward receipt should be shown in ER 2, with no substantive procedural answer provided.