Implications of purchases from first stage/ second stage dea
This query is : Resolved
Sunil kumar
(Querist)
04 March 2017
Dear Sir/ Madam
Pl help me on my doubts
A manufacturimg company purchasing goods from a 1st stage dealer and that goods are selling to other companies without further processing and just passing on the excise duty to the seller which he got from the 1st stage dealer, in this case is it required to show those sales and purchases in ER-1 along with pass on excise.
Pl help me on my doubts
A manufacturimg company purchasing goods from a 1st stage dealer and that goods are selling to other companies without further processing and just passing on the excise duty to the seller which he got from the 1st stage dealer, in this case is it required to show those sales and purchases in ER-1 along with pass on excise.
CA SANKET GARG
(Expert)
05 March 2017
Yes the entry needs to be done in ER-1
Sunil kumar
(Querist)
08 March 2017
Sir if they are not filing the same in Excise returns what are the consequences
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