Some capital goods like jigs and fixtures are non -usable after their use and normally sold as scrap. What is the treatment of such items in job work provisions?

Some capital goods like jigs and fixtures are non -usable after their use and normally sold as scrap. What is the treatment of such items in job work provisions? https://www.taxtmi.com/acts?id=24457 The return requirement for capital goods sent for job work does not apply to moulds, dies, jigs and fixtures, or tools; such items, often non usable after use and normally sold as scrap, are excluded from the obligation to be brought back within the prescribed period under the job work provisions. en-us Mon, 03 Apr 2017 15:20:26 +0530 Mon, 03 Apr 2017 15:20:26 +0530 TaxTMI RSS Generator Some capital goods like jigs and fixtures are non -usable after their use and normally sold as scrap. What is the treatment of such items in job work provisions? https://www.taxtmi.com/acts?id=24457 The return requirement for capital goods sent for job work does not apply to moulds, dies, jigs and fixtures, or tools; such items, often non usable after use and normally sold as scrap, are excluded from the obligation to be brought back within the prescribed period under the job work provisions. Act-Rules Bills Mon, 03 Apr 2017 15:20:26 +0530 https://www.taxtmi.com/acts?id=24457