https://www.taxtmi.com/forum/issue?id=108641 A manufacturer may bring duty-paid trading stock into the registered manufacturing premises and sell it without prior excise permission, but receipt of goods identical to those manufactured requires Commissioner permission. The manufacturer must intimate the Range Superintendent and maintain separate books and remark the trading area. Cenvat/service tax credit cannot be claimed for services exclusively used in trading and must be proportionately reversed for common services; the trading-attributable service value is the sale-purchase difference or ten percent of purchase value, whichever is higher. en-us Sat, 23 May 2015 09:20:11 +0530 Thu, 23 Jan 2025 15:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108641 A manufacturer may bring duty-paid trading stock into the registered manufacturing premises and sell it without prior excise permission, but receipt of goods identical to those manufactured requires Commissioner permission. The manufacturer must intimate the Range Superintendent and maintain separate books and remark the trading area. Cenvat/service tax credit cannot be claimed for services exclusively used in trading and must be proportionately reversed for common services; the trading-attributable service value is the sale-purchase difference or ten percent of purchase value, whichever is higher. Discussion-Forum Central Excise Sat, 23 May 2015 09:20:11 +0530 https://www.taxtmi.com/forum/issue?id=108641