Definicja subcontracting challan

A document, in India, that you use to track components sent to subcontractors for excise.

You are liable for excise duty on excisable materials that leave your premises. An exception is made for materials that you send to subcontractors if they process the materials and return them to you as an end product.

The subcontracting challan is a record of all excisable materials that you issue. When the subcontractor returns the end product, you reconcile it against the challan. If the materials cannot be accounted for, you are liable for excise duty on them.