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Please Help: job work

Posted Date : 08-Nov-2012 , 03:52:24 pm | Posted By: Priyankabagga

Category : Excise | Answers : 0| Comments : 0| Hits: 468

There is a provision in excise that if we get the job work done outside we have to pay duty,now if i hv enough space in factory and hire job worker then i can say myself from duty..but final product is liable to duty as per central excise provisions,now again if job worker condition is whatever is scrap is my profit and rest is yours, and 90% scrap which job worker wants as profit is the only profit of us also...and neither of us wants to pay any duty so are there any alternate strategies i.e. tax planning to save us from duty

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