TMI Blogssi exemptionX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether trading and manufacturing can be done at the same through claiming exemption of 1.5 crore or 4 crore as per notification no. 08/2003 of central excise - Reply By Rajagopalan Ranganathan - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = Sir, You have to maintain separate records in respect of trading goods. Under Central Excise Law there is no bar to trade in goods from the same premises in which manufacturing activity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is being carried out. Therefore value of traded goods need not be included to calculate value under SSI exemption Notification. - Reply By Ganeshan Kalyani - The Reply = Sir, additionally I would l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ike to submit that the assesse need to maitain separate books of account for trading and for manufacturing. Handling both the business in the same premise is a challenging task. Thanks. - Reply By KA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... STURI SETHI - The Reply = Practically it is to invite trouble. - ssi exemption - Query Started By: - amandeep singh Dated:- 4-7-2016 Central Excise - Got 3 Replies - Central Excise - Discussion F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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