As per amended provisions of CENVAT Credit Reules, trading is not elegible for any CENVAT Credit.
In this context, a dealer who purchases goods in bulk and repack the same in his godown and affix RSP, thereafter sells it to constomers, whether this is trading or manufacture, so that the dealer can avail CENVAT.
Note:(the goods is ceramic tiles and the dealer purchse the same from outside state in wholesale)
11 December 2012
Bulk to retail sale and affixing MRP on the goods is process amounts to manufacture but depend upon the products. The manufacturer can avail the cenvat credit. A registered dealer can not avail the cenvat credit.
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