Turnover limit for trading excisable goods

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Sir,

We are a manufacturing unit registered under excise. Simultaneously we are trading the excisable commodities which is different from our manufacturing product.  I would like to get clarified on following points :-

1.  Shall we can do the trading of excisable product at our excise manufacturing unit.

2.  Shall we raise the same excise invoice format with ECC No., range, div, comm etc., but without charging excise duty, with separate serial no.

3.  Is there any Turnover limit on the Trading activites of products different from manufacturing excise unit.

 

Pls clarify.

Replies (5)

For trading other than the self manufactured goods, simple intimation is sufficient.Separate invoice  book should be maintained for such purpose.This book does not require as required in excise invoice. There is no applicability of central excise law, hence no limit of turnover.

r c verma

09810525780

 

1. You can do the trading activity in same premises but you should maintain separate account. 

2. You should continue separate series of invoice for trading activity. If you want to pass on excise duty to your buyer in that case you need to register with excise department as a dealer. 

3. There is no turnover limit for trading purpose.  

Dear Arun Sir,

If some one wanted to start a Merchant Export company.

what would be Staff Limit, Minimum T/O. etc.

Please help me out some "MANDATORY REQUISIT"

 

Your feedback will be highly appreciated.

 

I want to know what is the limit of Turnover on trading / manufacturing of exisesable products for registration  under Central Exise Act,India.

SSI exemption is available to manufacturer only upto 1.5cr. No exemption is available for trander if they are pass the duty.

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