Question31: XYZ (Manufacturer) is manufacturing Product 'A' in the factory and clearing on payment of GST. XYZ now wants to import as well as procure locally the same product 'A' and carry out the trading activity from the same factory either by clearing it as such or after re-packing / re-labelling etc. which does not amount to manufacture. 1) Is XYZ allowed to carry out manufacturing and trading from the same factory' 2) Can XYZ avail credit of the purchased goods meant for trading'

Answer: Please see master chart Of GST The Path is go to home page ->flowchart->open it then you will find the impact as follow By introduction of GST manufacturer, trader and service provider have come to single platform so law will be same for them accordingly there is no need to have separate premises. The only requirement of law is transparent accounting of stock
 

(Reply dt.25/01/2018)