TaxTMI 
TaxTMI 
Sir,
Good morning to all my favourite experts, Sir we are excisable manufacturing unit. Sir now we want to trading some goods ( Finished Goods & Raw Material). Sir in this regards will we take another registration or please help me.
EXCISE ON TRADING GOODS
20 Apr 2016 
10 Replies 
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Excise registration for trading: manufacturers must obtain distinct dealer or depot registration to issue cenvatable invoices.
A manufacturer need not obtain a separate central excise registration for trading if it maintains separate accounts and segregates manufacturing and trading stocks; however, to issue cenvatable invoices passing duty paid by original manufacturers it must obtain a distinct dealer or depot registration. Trading of a manufacturer's own goods from manufacturing premises generally requires depot registration or Commissioner's permission, and VAT/CST registration and Cenvat Credit Rules (including rules on input services) govern tax credit and compliance. (AI Summary)
A manufacturer need not obtain a separate central excise registration for trading if it maintains separate accounts and segregates manufacturing and trading stocks; however, to issue cenvatable invoices passing duty paid by original manufacturers it must obtain a distinct dealer or depot registration. Trading of a manufacturer's own goods from manufacturing premises generally requires depot registration or Commissioner's permission, and VAT/CST registration and Cenvat Credit Rules (including rules on input services) govern tax credit and compliance. (AI Summary)