Value of goods received for job work for E way Bill

[GIRISH LOKHANDE]

ONE CAPITAL GOODS MACHINE STOPPED WORKING,SAME IS DISCARTED AS SCRAP, ONE JOB WORKER, GIVE COMMITMENT TO REPAIR.

THE GOODS SENT TO JOB WORKER WITHOUT E WAY BILL AS SCRAP COST IS NEGLIGABLE SAY 35 RUPEES.

THE DELIVERY CHALLAN ISSUED WITH NIL VALUE.

JOB WORKER REPAIRED THE GOODS WITH FOLLOWING

INPUT USED 50,000/-

SERVICE CHARGES 25000/-

NOW AT THE TIME OF SENDING GOODS TO PRINCIPAL MANUFACTURER JOB WORKER ISSUED E WAY BILL FOR VALUE ( 0 VALUE MENTIONED IN DELIVERY CHALLAN + INPUT USED 50,000+SERVICE CHARGES 25,000/- = TOTAL 75,000/-

BUT WHEN THE GOODS WAS REPAIRED ITS MARKET WORTH IS 10,00,000/-WHICH CAN BE VALIDATED WITH INITIAL SUPPLY OF GOODS.

SO WHAT SHOULD BE THE VALUE OF GOODS FOR E WAY BILL.

IN 2ND SEEN, IF AT THE TIME OF SENDING GOODS FOR REPAIR FROM PRINCIPAL MANUFACTURER THE VALUE OF GOODS DECLARED AS PURCHASE PRICE (ACTUAL VALUE OF GOODS) SAY 1 LAC

THE JOB WORKER REPAIR THE GOODS USING INPUT WORTH 10,000/- AND SERVICE CHARGES CLAIM AS 10,000/-.

NOW, IF THESE CHARGES TO BE ADDED IN GOODS VALUE, THEN GOODS VALUE IS MORE THEN MARKET VALUE.

INDUSTRY CAN USE ANY VALUE FOR THE PURPOSE OF E WAY BILL, AS NO DUTY INVOLVEMENT FOR JOB WORK.

TRANSPORTER ALSO REQUIRE THE SUPPORTING OF VALUE DECLARED AT THE TIME OF BOOKING.

SO WHAT VALUE SHOULD BE DECLARED BY JOB WORKER.

AI Summary

Determining the Correct Value for E-way Bill on Repaired Goods under GST: Insights on Section 15 Compliance A discussion on a forum centered around the appropriate value to declare for goods sent for job work under the Goods and Services Tax (GST) regime, particularly concerning the issuance of an e-way bill. The scenario involves a capital goods machine sent for repair without an e-way bill due to its negligible scrap value. After repair, the goods' value increased significantly. The question raised was about the correct value to declare on the e-way bill. Respondents suggested using the value as per section 15, indicating that the delivery challan's value is procedural and holds little relevance, provided the e-way bill is generated.