Manufacture will do Trading, Central Excise

[MUNIRAJ SRINIVASAN]

one my client has doing manufacturing of automobile components he has to do trading of excise able goods ( example buying AV ₹ 100 BED 12.5 and selling 120 ) how much excise duty he to pay kindly explain legal provision of central excise

Posts / Replies

[BHUWAN BHATT]

In your case he has to amend his registration by adding as Trader (1st stage dealer) in his registration certificate,

now online application is to be submitted for amendment in registration refer circular No. 7/2015-Central Excise (N.T.) dated 1st March 2015.

after registration he can issue cenvetable invoices for trading goods and ED Credit can be availed by purchases if it is an input for him.