ITC reversal due to jobwork

[Parth Bhatt]

Dear Sirs

I am based out of Ahmedabad. My question is wther ITC reversal of 4% required under Gujvat Act for job work sale ? I am tryin to find one jidgment of Madhusudan texturies which i see often quoted.

Thanks n Regard

AI Summary

Inquiry on 4% ITC Reversal Requirement for Job Work Sales Under GujVAT Act; Seeks Madhusudan Textiles Judgment An individual from Ahmedabad inquires about the necessity of a 4% Input Tax Credit (ITC) reversal under the Gujarat Value Added Tax (GujVAT) Act for job work sales. They seek a specific judgment related to Madhusudan Textiles, which is frequently referenced. A respondent, YAGAY AND SUN, requests additional information to provide a more detailed response.