Sir/ MAdam,
we are paint mfg indsutry. now we plan to buy outside and wants to sell with our brand name. we want to procure with our brand name and send to our customer as such. whatever the excise duty our supplier chrgd we can chrg to our customer. is it possible? just buying and selling . we also involve production of our own paint also. is it within excise rules and procedure? kindly help thro ur valuable suggesstions.
venkat
Paint Company Queries Excise Duty on Rebranded Products; Seeks Trading Registration and Compliance with Excise Rules. A paint manufacturing company seeks advice on selling products purchased from outside suppliers under their brand name while also continuing their own production. They inquire if they can charge customers the excise duty levied by suppliers and whether this complies with excise rules. A respondent advises issuing an excise invoice to pass on duties to customers. Another suggests obtaining a Trading Registration Certificate and maintaining separate records for trading activities. It's recommended to allocate a specific area for trading and consult the jurisdictional Central Excise Department for further guidance. (AI Summary)
TaxTMI 
TaxTMI 
