First stage dealers

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2012 Being a Manufacturer transfer a excisable goods to its depo outside state.

Question : Can a Depo sale ultimately to a customer as a non excisable goods without transferring the duty???

Reply as early as possible!!!!!

Guest

Guest (Expert)

20 June 2012 Dear,
on Excisable goods you always have to pay Excise duty.
In case of Depot transfer you have to pay the duty at the time of removal of goods from the Factory. Rate of duty shall be the rate applicable at the time of removal from the factory.
Assessable Value shall be the Transaction value at Depot at the time of removal from the factory.

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2012 Dear,

My Concern is not a valuation, my concern is that whether depo shows that goods as a non-excisable sell it to cutomer as a trader not as a First/Second Stage Dealer.

Kindly Reply for that concern????