Nature of business

This query is : Resolved

Akash Anand (Querist)
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02 February 2017 Dear sir,

I am going to open company whose activities are
1.Purchases of raw material
2.Raw Material give to another Manufacturer for making finished goods and return .
3.Now Again we sale this finished goods .

Kindly help me ,
1. Can i get TIN no as a Whole sale Trade or Retail Trade or Works Contractor or any other
2.Can i do these activities as a trader.

Regards,

Akash

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 February 2017 You can't do the activities as trader. You will fall under manufacturer hence excise duty and vat applicable to you. The manufacturer who manufactures the goods will be treated as job worker.