Trader excise

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 December 2013 Hi,

I wish to get expert inputs on my following query:

If i am a trader with excise registration at my warehouse, I get a certain product from a manufacturer who has an excise registration and then i sell with a profit to my customer who also has an excise registration.

Manufacturer bills me and i bill my customer.

In this scenario i will be also be passing on the excise credit to my customer but won't he find out the margin i have kept as he will get to know the excise credit.

I require my inputs if the above is correct and if yes what is the ideal way in which i can pass on the excise credit benefit to customer along with not disclosing the margin amount.

Arun Kumar Singh

Arun Kumar Singh (Expert)

07 December 2013 Registered dealer can only pass the cenvat credit on the basis of manufacturer invoice. Cenvat credit can not be add in the profit margin.

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