JOB WORK FROM REGISTERED MFR. FOR REGISTERED MFR.

[Guest]

We are in SSI unit manufacturing insulated copper winding wires. we are registered with excise and enjoing modvat facilities.we intend to do job work for another registered manufacturer, so my query as follow:-

1. what formalities/intimation we have to do with excise department

2.what papers we require from principal supplier (whose material we job work)

3.what papers we have to attach while returning material after job work.

4.should we raise job work invoice (without excise duty) in continuation/running bill book.

5.Any separate record/ accounting to be maintain ?

Thanks

AI Summary

Guidance Sought on Excise Formalities, Documentation, and Invoicing for Job Work Under MODVAT Rules A small-scale industrial unit manufacturing insulated copper winding wires, registered with excise and benefiting from MODVAT, seeks guidance on job work for another registered manufacturer. The queries include necessary formalities with the excise department, required documentation from the principal supplier, paperwork for returning materials, invoicing procedures, and record-keeping requirements. Responses suggest notifying the department, using specific rules for material transfer, and potentially charging service tax depending on the job work's nature. Maintaining records, either digitally or manually, and ensuring compliance with VAT requirements, including waybills and Form F, is advised.