Manufacture stocks sales on trading invoice

[Asked by Guest]

May be sale on trading invoice from manufacturing stock ? (as fuels,raw materials and any others)

AI Summary

Sale of manufactured goods as trading sales requires segregation, separate records and prior administrative permission and excise compliance.
A manufacturer cannot treat goods produced in its manufacturing account as trading goods for issuance of trading invoices unless specific administrative permission is obtained; if goods are excisable, excise duty must be paid under the manufacturing clearance procedure. Trading from premises registered for manufacture is allowed only with the Commissioner's permission and requires strict physical segregation and separate identity of manufactured and trading stocks, plus distinct invoice books, accounts and adherence to separate clearance procedures.