Answer / sarata kumar swain

the difference between previous year & preceding year is
more than 1 year depends on the difference of date between
2 years difference may not be less than 1 year must be more
or equal of 1 year not exceed 3 year so finally it may be
more than 1 year or less than 3 year

My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

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