TaxTMI 
TaxTMI 
Trading activity in mfg permises
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....rading activity in mfg permises<br> Query (Issue) Started By: - Vishnu Dutt Gupta Dated:- 22-5-2017 Last Reply Date:- 23-5-2017 Central Excise<br>Got 6 Replies<br>Central Excise<br>We are manufacturer and want to trading in same premises. If we are not generate the excisable invoice of traded goods then no issue. But if we want to get separate registration of trading for pass on the excise then we....
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.... can do the activity in same premises and common gate. Rgds, MJ Reply By KASTURI SETHI: The Reply: Permission is not granted for same product. Reply By Himansu Sha: The Reply: Whether you generate excisable invoice or not, if similar goods are traded , as per the supplementasry instructions, permission of the commissioner is required. Reply By KASTURI SETHI: The Reply: But practically per....
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....mission is not granted by the Commissioner. Board's circular has no statutory force. It is discretion of Commissioner. No officer would like to take the risk. Had this facility been provided in the Act, Commissioner/department would have been bound to follow. Reply By KASTURI SETHI: The Reply: Supplementary instructions mean Board's circular though these are issued under Act. Reply By V....
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....ishnu Dutt Gupta: The Reply: Not for same product but need to pass on the excise to customer from trading license. It may be the part of BOM. Rgds, MJ Reply By KASTURI SETHI: The Reply: If trading goods and manufacturing goods are different, then there will be no problem in granting permission by the Commissioner.<br> Discussion Forum - Knowledge Sharing ....