Excise duty on dealer sales

This query is : Resolved

Sorabh Saboo (Querist)
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01 April 2013 Dealer A sells to Dealer B goods under excise and passes on the relevant excise duty to Dealer B. Subsequently Dealer A closes down his business.

I have been informed that in this case, Dealer B is required to sell off the stock in 3 months from the date of closure of Dealer A if he wants to pass on the excise on materials purchased to the manufacturer further. This is because after 3 months while filing the E-return for excise, the excise number of Dealer A will not be recognised in the system.

Please let me know whether the above is true.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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09 April 2013 A is closed our business then no problem. B can sale the goods any time if ECC no is not exist in the system then no problem.

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