https://www.taxtmi.com/forum/issue?id=248 The notification's exemption is conditional and fiscal liability for final products lies with the principal manufacturer who must account for materials and discharge duty. A job worker who has taken credit on his own raw materials need not reverse that credit under Rule 6; tribunal precedent supports this. To avoid disputes, quantify consumable usage monthly and raise invoices to the principal reversing proportionate credit so the principal can avail the credit, maintaining revenue neutrality. en-us Thu, 31 Aug 2006 13:20:55 +0530 Thu, 23 Jan 2025 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=248 The notification's exemption is conditional and fiscal liability for final products lies with the principal manufacturer who must account for materials and discharge duty. A job worker who has taken credit on his own raw materials need not reverse that credit under Rule 6; tribunal precedent supports this. To avoid disputes, quantify consumable usage monthly and raise invoices to the principal reversing proportionate credit so the principal can avail the credit, maintaining revenue neutrality. Discussion-Forum Central Excise Thu, 31 Aug 2006 13:20:55 +0530 https://www.taxtmi.com/forum/issue?id=248