GOODS MANUFACTURED THROUGH JOB WORKER SECTION 10-A OF CENTRAL EXCISE VALUATION (DETERMINATION OF PRICE OF EXCISABLE GOODS) RULES

2000 SIYUATION 1: GOODS SOLD BY PRINCIPAL MANUFACTURER FOR DELIVERY AT THE TIME OF REMOVAL OF GOODS FROM FACTORY OF JOB WORKERCONDITIONS: I) II) PRINCIPAL MANUFACTURER AND BUYER NOT RELATED PERSONS (AS DEFINED UNDER COMPANIES ACT) & PRICE IS THE SOLE CONSIDERATION.

VALUE AT WHICH JOB WORKER CLEARS GOODS:

I)

TRANSACTION VALUE OF PRINCIPAL MANUFACTURER i.e PRICE AT WHICH GOODS ARE SOLD BY HIM. II) FREIGHT FROM PLACE OF JOB WORKER TO THE PLACE OF DELIVERY SHALL BE EXCLUDED FROM TRANSACTION VALUE. III) DUTIES & TAXES SHALL BE CHARGED ON TRANSACTION VALUE. IV) JOB WORKER TO OBTAIN PRICE FROM PRINCIPAL MANUFACTURER. V) JOB WORKER TO RAISE EXCISE INVOICE ADDRESSED TO PRINCIPAL MANUFACTURER AND CONSIGNEE AS CUSTOMER OF PRINCIPAL MANUFACTURER. VI) PRINCIPAL MANUFACTURER TO ISSUE COMMERCIAL INVOICE IN FAVOR OF THE CUSTOMER. VII) JOB WORKER TO RAISE BILL FOR JOB WORK CHARGES AND REIMBURSEMENT OF.EXCISE DUTY TO THE PRINCIPAL MANUFACTURER. IF PRINCIPAL MANUFACTURER AND BUYER ARE RELATED PERSONS (AS DEFINED UNDER COMPANIES ACT)- TRANSACTION VALUE SHALL BE SALE PRICE OF SUCH RELATED PERSON.
VIII)