TaxTMI 
TaxTMI 
Trading Activity
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....rading Activity<br> Query (Issue) Started By: - CLARENCE PEREIRA Dated:- 10-3-2012 Last Reply Date:- 15-3-2012 Service Tax<br>Got 1 Reply<br>Service Tax<br>We are manufacturers of steel doors & window....
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....s and pay excise on our products. We also avail service tax credit. We also procure steel doors from the market and sell the same as a trading item. We do not charge any excise duty as there is no mo....
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....dvat credit availed and there is no manufacture involved. What is the status of service Tax reversal prior to 01.04.2011 & after 01.04.2011. i remember seeing some article on Service Tax on Trading i....
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....n Budget of Feb 2011.If applicable method of calculation of service Tax may kindly be shown. Reply By Naveed S: The Reply: No service tax is leviable for such normal purchase/sale and such trading a....
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....ctivity. However, prior permission from the Excise department is necessary for procuring steel doors from the market and selling the same as a trading item; if it is brought and sold from the factor....
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....y premises. Forget Service Tax, think about Central Excise laibility for trading carried out from factory premises.<br> Discussion Forum - Knowledge Sharing ....