To,
Pradip Khatri
Dear sir,
We are maintain RG 1 for product of own manufacturer. received material after jobwork u/r4(5) we take this entry in RG 1 Manufacture coloumn. & also mention in ER-1 Return , Is it correct. Please advice.
Regards
Manoj Raut
Clarification Sought on Recording Job Work Materials Under Rule 4(5) in RG-1 and ER-1 Returns A query was raised regarding the correct procedure for recording materials received after job work under rule 4(5) in RG-1 and ER-1 returns. The response sought clarification on whether the products are finished or semi-finished, the necessity of job work, and if any manufacturing steps are skipped. It also questioned if job work charges are included in the assessable value. The responder advised that since the goods are reported in ER-1, transparency is maintained, but recommended consulting seniors or legal counsel for a definitive solution. (AI Summary)