Trading Purchase of Idetical Goods for Trading Sale

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..... Dear Experts,We are manufacturer and registered in central excise. Can we purchase Identical goods as a trading purchase for trading sale. Please advice.Thanks - Reply By Pradeep Khatri - The Reply = .....

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..... Dear Ram, Earlier there was a requirement to get permission from the Jurisdictional Commissioner/Asstt. Commissioner/Addl. Commissioner or from Deputy Commissioner of the Central Excise for procurem .....

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..... ent of identical goods for trading purpose. But there is no need for the same. You would have to do following activities,namely:- You would have to get the Trading Registration Certificate from C .....

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..... entral Excise Department. Separate maintenance of books of accounts. Remarking of area intending for trading activities. Maintenance of Statutory Records as prescribed under CEA and Rules made t .....

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..... hereunder. Regards Team YAGAY SUN (Management Indirect Tax Consultants) - Reply By Madhukar N Hiregange - The Reply = Normally trading permission is not provided for the same premi .....

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..... ses. Physical separation could be insisted on especially when credit is being passed on. At the time of audit there maybe more srcutiny. - Trading Purchase of Idetical Goods for Trading Sale - Quer .....

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..... y Started By: - RAM SHARMA Dated:- 5-6-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - t .....

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..... axmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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