Please explain this :
Branding/labeling of packed spices is manufacture, but branding/labelling of stainless Steel screws is not manufacture.
Thanks in advance
1 Replies
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 12 July 2009
Branding. in general does not amount to manufacture as it does not result into a new product.
However, when the product is covered under definition of "deemed manufacture", branding, lebelling may amount to manufacture.
Recent Topics
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
Related Threads
CAclubindia
