Dear Sir,
Is there anything like excise registration for trading ?
We would like import certain products, stock and sell them.
If we get ourselves registered under excise, can we get cenvat credit and then charge excise duty in our invoice ?
Udaya
Dear Sir,
Is there anything like excise registration for trading ?
We would like import certain products, stock and sell them.
If we get ourselves registered under excise, can we get cenvat credit and then charge excise duty in our invoice ?
Udaya
Dear Sir,
Is there anything like excise registration for trading ?
We would like import certain products, stock and sell them.
If we get ourselves registered under excise, can we get cenvat credit and then charge excise duty in our invoice ?
Udaya
| Originally posted by : H.A.UDAYA | ||
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Dear Sir, Is there anything like excise registration for trading ? We would like import certain products, stock and sell them. If we get ourselves registered under excise, can we get cenvat credit and then charge excise duty in our invoice ? Udaya |
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Dealer registration will be required.
you can not take cenvat credit as dealer, but you can pass on the duty charged on imported goods (CVD portion) to your excise registered buyers.
we are the manufacture of flanges pipe fittings falling chapter 73 . we would like to trading the same products by purchasing from exempted units or traders to compete with others . we would like to know whether we can use same premises with out any demarking area or specify the procedures for doing the same with out any problem
ravi
We are chemical manufacturing unit , doing purification of different chemcials by process of disstillation ( Distiilation is physical process where nature of inputs does not change but purity level changes) Distillation process uses electric power and fuel and labour.if we sale this material after purification by same name then
1. Does it amounts manufacturing and attaracts excise duty ( As decided by Court S.d fine Chemicals VS CCE )
2. if we mix this purified item with other purified item physically without any use of power ( Both components donot react with each other but their name is changed to general name "Thinner" or other name . Does it amounts manufacturing.?kindly mention any circular or Notification
Kindly reply : jaibharatind @ yahoo.com
Thanks
hello sir, we are manufacturer and we had trading registration also.
but i have one doubt that is, if we purchase goods wiht basic Rs.88.00 + excise 12.00=Rs.100.00 and then we sell the same goods with our profit ?. shall we take excise credit of Rs.12.00 ?
please clarifty this point ?
Hi,
We are facing a similar issue here at our company in Punjab. We are a Steel Wire processing unit (Steel wire is made from Steel Wire Rod). However, we have some customers who buy Wire Rod (just the raw material) from us.
Earlier we had two separate registrations (one for trading and one for manufacturing) but for the same premises and as a result it was a lot of hassle and it was difficult to explain this to the excise officials. So from FY 15-16 we closed the trading registration and started buying all the raw material in our manufacturing unit. Now we are afraid if we could sell >50% of raw material as such without processing and sell the remaining material as processed wire ?
Please help us on this, any reference to similar cases/situations faced by other would be very helpful.
Thanks
Sir,
We are a Trading company of agro products. How can we manufature/process agro products. Is there any provision to do such thing?
Vinay
A manufacturer can trade in the inputs used in manufacture within the same premises. He needs to remove the inputs on payment of equivalent duty as paid / taekn credit even if the price is higher or lower. No permission reqd.
If manufactured billets are being sold there is again no issue.
However if billets are procured from others and sold, it maybe advisable to apply for separate traders and have some physical separation as well to avoid charges of clandestine removal.
| Originally posted by : Dattatri | ||
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We are registered under central excise as manufacturers and purchased 1 motor from a registered manufacturers. Now I have a doubt on this transaction Yes. It is possible. In this case you will not charge addl duty. You will reverse the duty what you have taken at the time of purchase. You reverse the duty what you taken at the time of inward/import This is one time. You can mention under misc. |
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DEAR EXPERT,
WE HAVE MANUFACTURING UNIT OF FITTING,
WE ARE TRADING PIPE WITH EXCISE AND SALE WITH EXCISE
BUT WE ARE GARDEN PIPE PURCHES IN VAT (NOT EXCISE) SO
WILL WE SALE GARDEN PIPE IN WITHOUT EXCISE ?
HOW LIMIT TRADING FOR MANUFACTURING UNIT ?
THANKS
Sir,
I am a manufacturer of power and distribution transformers and i also have the import export code for that unit,now i want to start trading of consumer electronics like power banks usb etc,can i use my manufacturer IE code and import consumer electronics ,and one more question that if i can do so will i need a separate service and sales tax registration for this product ?
Respected Sir
Whether any provision of laws for allow trading activity in Mfg unit
Please let me so that I can submit same to department
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