first stage delear


This query is : Resolved 

21 December 2010 A trader purchases excised paid goods from the manufacturers and futher sale to others without any further processing. he increases the rate and charge enhanced excise duty.
can he raise cenvatable invoice???
what are the requirements he have to follow as per excise laws??

SAMEER (Expert)
22 December 2010 I don't think that the first statge Dealer registered can charge MORE DUTY THAN THE cherged originally by the manufacturer. he can pass on the CENVAT DUTY to the extent of duty mentioned in his cenvatable bill.

Ambadas (Expert)
23 December 2010 I agree with Mr. Sameer.
Irrespective of sale price, registred dealer can only pass the cenvat duty charged by mfr.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details