GST – Started By: – Kaustubh Karandikar – Dated:- 28-12-2018 Last Replied Date:- 7-3-2019 – As understood, when the job worker is sending the processed goods back to the principal manufacturer, in the e-way bill, he is supposed to declare the value which will consist of the value of the processed goods + the labour charges. if it is correct then 1) How to arrive at the value of the processed goods? 2) under which provisions it is mentioned that he is supposed to declare the value which will consist of the value of the processed goods + the labour charges? – Reply By YAGAY andSUN – The Reply = Valuation As per Schedule II of CGST Act 2017, any treatment or process which is applied to another person s goods is a supply of service. Job worker
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t and would include not only the service charges but also the value of any goods or services used by job worker for supplying the job work services, if the same is recovered from the principal. It may be noted that while on one hand the circular states that the value of only those goods or services are required to be included in the value of taxable supply which are recoverable from the principal. While on the other hand, it states that the value of moulds, etc. must be included in the value of job work services if their value has not been factored in the price for the supply of such services by the job worker, thereby indicating an apparent contradiction. Value of moulds and dies, jigs and fixtures may be included while calculating job wor
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re, CBIC should come out with a clarification quickly with respect to such contradiction through circular or notification. – Reply By mohan sehgal – The Reply = As I understand,when the Job worker is sending the processed goods back to the principal;he is supposed to declare the value of goods which he originally received from the principal in the e way bill.The processed goods must carry the duplicate copy of the Delivery challan originally received from the principal ; accompanied with the Job worker Invoice of the processing charges. – Reply By mohan sehgal – The Reply = Please resolve the issue..Some experts say the the value of goods to be mentioned in the e way bill must be the same which was originally send by the Principal to the Jo
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