https://www.taxtmi.com/forum/issue?id=107068 Query: whether material cost for jobwork valuation must include excise and sales tax when the principal supplies and pays for raw material and freight. Responses: one submission invokes Texmaco to treat the finished article at full commercial value including customer supplied material; another cites valuation rules 8-10; a third asserts that excise duty need not be included, citing Ujaagar Print. The discussion records conflicting authorities on inclusion of excise and sales tax in the basic value billed to the principal. en-us Tue, 22 Jul 2014 20:51:01 +0530 Thu, 23 Jan 2025 15:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107068 Query: whether material cost for jobwork valuation must include excise and sales tax when the principal supplies and pays for raw material and freight. Responses: one submission invokes Texmaco to treat the finished article at full commercial value including customer supplied material; another cites valuation rules 8-10; a third asserts that excise duty need not be included, citing Ujaagar Print. The discussion records conflicting authorities on inclusion of excise and sales tax in the basic value billed to the principal. Discussion-Forum Central Excise Tue, 22 Jul 2014 20:51:01 +0530 https://www.taxtmi.com/forum/issue?id=107068