Hi!,
I am trader in Jharkhand and registerd under sales tax in Jharkhand and having import licence ,I frequently import some items and supply to our customers after paying customs duty and adding over margin/profit .My turn over in financial yr 15-16 was 42 lacs.
Do i require to be get registerd under central excise ,if there any exemption clause for small traders .
Thanks in advance
Dear Mr. Nishikanth,
If u want take credit of CVD and SAP and transfer to your custmer, you have to take dealer registration, otherwise it is not required on your case.
Regards
RP Ananthakumar
Gowra Ventures Pvt Ltd
Hyderabad
CA
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Jawahar and Associates Chartered Accountants
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