25 August 2014
Dear Sir my query as follows We have purchase the mtrl from dealer from Karnataka . and we avail the cenvat credit on same. But said material we want to sale out to other company what is the Excise law for this transaction.
26 August 2014
You can trade that material without manufacturing and no need to value addition. You can sale that product as such removal. If you want to do trading activity then premises should be separate.
CAclubindia
