Excise applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 September 2014
Mr A is into the business of Manufacturing and also trading.
Mr. A has to business unit. From one Business Unit it does only its manufacturing business and from other it does only its trading business.
Will the trading business turnover be clubbed for considering the turnover for the excise purpose.
Mr. A has to business unit. From one Business Unit it does only its manufacturing business and from other it does only its trading business.
Will the trading business turnover be clubbed for considering the turnover for the excise purpose.
Arun Kumar Singh
(Expert)
12 September 2014
No, trading activity will not be clubbed for the purpose of excise.
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