Manufacturing and trading item

[Sushil Kumar Sharma]

Dear seniors,

Please clear my doubt about the manufacturing item and trading item.

our some goods we have manufacturing in plant and some item bought from market.

can we sale as trading item by separate.

Manufacturing unit can sale trading goods in unit.without excise.

pl.suggest me

Thanks

Sushil Sharma

AI Summary

Manufacturers Can Trade Duty-Paid Goods Without Excise Permission; Maintain Separate Accounts, Reverse Service Tax for Common Services. A participant inquired about the ability of a manufacturing unit to sell trading goods separately without excise implications. A respondent clarified that a manufacturer can bring duty-paid goods into their premises for trading without needing permission from the Central Excise Department, but identical goods require proper authorization. It was advised to maintain separate accounts for manufacturing and trading, and reverse service tax credit for common services used in both activities. Another contributor agreed, emphasizing the need to inform the jurisdictional authority and manage Cenvat Credit appropriately for trading activities.