https://www.taxtmi.com/forum/issue?id=5190 A manufacturer may trade duty paid bought out goods from factory premises without prior permission where identical goods are not manufactured in house, but must inform the excise authority. Passing on CENVAT credit on such trading invoices requires dealer registration. Bought out parts incorporated into manufactured goods are treated as part of the manufacture and their value is includible in total turnover, affecting excise accounting and credit treatment. en-us Tue, 15 Jan 2013 15:28:36 +0530 Thu, 23 Jan 2025 15:57:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5190 A manufacturer may trade duty paid bought out goods from factory premises without prior permission where identical goods are not manufactured in house, but must inform the excise authority. Passing on CENVAT credit on such trading invoices requires dealer registration. Bought out parts incorporated into manufactured goods are treated as part of the manufacture and their value is includible in total turnover, affecting excise accounting and credit treatment. Discussion-Forum Central Excise Tue, 15 Jan 2013 15:28:36 +0530 https://www.taxtmi.com/forum/issue?id=5190