DEAR SIR,
WE ARE MANUFACTURING COMPAN Y WE REQUIRE TO SEND MATERIL FOR JOBWORK TO OTHER REGISTER COMPANY
CAN WE SEND SEMIFINISHED GOODS (INTERMEDIATE) WITH INPUT RAW MATERIAL FOR MAKE FINAL( FINISHED GOODS) . PLEASE GUIDE WITH RULES.
REGARDS
MANOJ RAUT
Guidance on CENVAT Credit Rule 4(5)a: Sending Goods for Jobwork, Duty Reversal, and Rules 16a & 16b Explained. A manufacturing company inquires about sending semi-finished goods and raw materials to another registered company for jobwork under CENVAT Credit Rule 4(5)a. A respondent confirms that goods can be sent for jobwork and must be returned within 180 days, or the equivalent duty should be reversed, which can be reclaimed upon return. The inquirer seeks further guidance on rules 16a and 16b, noting that sending semi-finished goods for jobwork may require special permission from the assistant commissioner. (AI Summary)