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Excise registration as first stage dealer

SWAMY KARLAPUDI (Professional) (168 Points)

12 June 2017

Dear Sir,

A chemical company based at Mumbai (manufacturing plant) having branch office at Vijayawada, till date supplying goods to its branch by taking VAT in AP. The company has appointed one C&F agent to lookafter all branch stock movements.

The comapny is already having VAT registration and also completed GST registration procedure under VAT.

Because of GST, the company wants to register itself as First Stage Dealer under central excise at Vijayawada to get tax credit on opening stock.

What is the procedure to register as First Stage Dealer in the above situation?

What are the invoicing formalities to comply?

How to pass tax credit to second stage dealer (till the date of GST come in to force)?

Please give your valuable suggestions.

Thanks in advance..

Swakar

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3 Replies

rakesh (director) (22 Points)
Replied 15 June 2017

Here you have three queries . I will addrees one by one

1. Registration : You can take registration by looging on aces and fill the form for First Stage Dealer . Before filling the form please have HSN codes of chemical you have to deal . After online filling of form you can take print and visit jurisdictional division and have Physical verification .

2. Invoice should have mentioning of your First stage dealer registration no and you have to mention excise which you will pass on to second stage dealer . The output will be equal to input . So you have to just pass on input excise which will not be case in GST .

3. It is answered in 2nd point ie you have to mention in invoice and submit return with excise department till GST is applicable .