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Melting old gold ornaments for sale

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(Querist)
06 April 2022 Hi

One of the famous jewelry companies buys old gold ornaments from customers/individuals and melts them for sale to other dealers.

Does this melting activity come under the purview of manufacturing activity?

Can anybody clarify this?

Thanks in advance.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 April 2022 Yes, it's a part of manufacturing activity.
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BALAMURUGAN GOPAL

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BALAMURUGAN GOPAL (Querist)
08 April 2022 Hi Sir, Thanks for your comments. Hence, is this necessary to register this manufacturing activity under any act?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 April 2022 If your such sale value exceeds 40 lacs in a year GST registration is required.

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