15 March 2013
One of my client being a Manufacturer covered under central Law.My client is doing both own manufacturing activities & also undertaking job works. One of his customer to whom both sales its own products as well as undertaking Job works also.His customer is also covered excise Law.I.e. so far direct sales & job work is concerned the customer is one & same person.Now query is whether is it valid/tenable as per Law or not. If any Restriction is there under law.please response as early as possible.
15 March 2013
It is possible to do both activity but accounting should be separate for both activity manufacturing and job work. Trading activity should be separate also.
CAclubindia
