May be sale on trading invoice from manufacturing stock ? (as fuels,raw materials and any others)
Manufacture stocks sales on trading invoice
Raman Kumar Jha
Debate on Selling Manufactured Goods via Trading Invoices and Excise Duty Exemption Issues in Jammu A discussion on a forum revolves around whether manufacturing stock can be sold through trading invoices. One participant clarifies that trading involves buying and selling goods not manufactured by the seller. If manufactured goods are sold under trading invoices, it may not comply with legal provisions. Another participant explains that trading from premises registered with the Central Excise department requires special permission, and excisable and trading goods must be kept separate. Additionally, a user discusses an exemption issue related to excise duty in Jammu, mentioning a pending court case and seeking advice on obtaining a No Objection Certificate from the excise department. (AI Summary)