Manufacture will do Trading

[MUNIRAJ SRINIVASAN]

one my client has doing manufacturing of automobile components he has to do trading of excise able goods ( example buying AV ₹ 100 BED 12.5 and selling 120 ) how much excise duty he to pay kindly explain legal provision of central excise

[BHUWAN BHATT]

In your case he has to amend his registration by adding as Trader (1st stage dealer) in his registration certificate,

now online application is to be submitted for amendment in registration refer circular No. 7/2015-Central Excise (N.T.) dated 1st March 2015.

after registration he can issue cenvetable invoices for trading goods and ED Credit can be availed by purchases if it is an input for him.

AI Summary

Client to Amend Registration for Trading Excisable Goods Under Circular 7/2015-Central Excise (N.T.) for Duty Credit A client involved in manufacturing automobile components seeks to engage in trading excisable goods and inquires about the applicable excise duty. The response advises amending the client's registration to include the role of a trader (first stage dealer) by submitting an online application as per Circular No. 7/2015-Central Excise (N.T.). Once registered, the client can issue cenvatable invoices for trading goods, and excise duty credit can be availed if the goods are inputs for the client.