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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2013 Dear Sir,
While filing ITR4S for an assessee who is engaged in dairy farming, I should fill trade code -202 of retailors or I should fill code of manufaturer.

Please advise me.

CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)
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14 January 2013 Dear Friend,if you are only trading in milk then you have to fill trade code-202 of retailors.

Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2013 Actually, assessee is procuring milk form his own live stock, then he would be consider as trader or manufacturer?

Asha Kanta Sharma online

Asha Kanta Sharma online

(Expert)
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02 August 2025 If the assessee is **procuring milk from his own livestock** (meaning he is producing the milk himself), then he is considered a **manufacturer** rather than a retailer/trader.

### Explanation:

* **Trader/Retailer**: Buys milk from others and sells it.
* **Manufacturer**: Produces milk from his own livestock (own production).

Therefore, when filing ITR-4S:

* Use the **trade code for manufacturer** (which generally corresponds to manufacturing activities like dairy farming).
* Do **not** use trade code 202 (retailers) in this case.

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