Transit sale, can intermediary issue cenvatable invoice ?
This query is : Resolved
CA Abhishek Singh
(Querist)
23 July 2012
Hello everyone,
one of my client(trader)takes order from companies for supply of excisable goods. he doesnot manufacture the goods.
he purchases the goods form the manfuactuer and directly transfers it to the companies.
As per article written (link given below). in this case my client is not a first stage dealer and he cannot issue cenvatable invoice.
I request you to go through this artile and let me know whether there is any differences of opinion ?
https://taxguru.in/excise-duty/who-is-a-first-stage-dealer.html
one of my client(trader)takes order from companies for supply of excisable goods. he doesnot manufacture the goods.
he purchases the goods form the manfuactuer and directly transfers it to the companies.
As per article written (link given below). in this case my client is not a first stage dealer and he cannot issue cenvatable invoice.
I request you to go through this artile and let me know whether there is any differences of opinion ?
https://taxguru.in/excise-duty/who-is-a-first-stage-dealer.html
CA Harshit Rastogi
(Expert)
23 July 2012
it doesnt have any differnce whther dealer is registrd in excise or not...
In Transit sale buyer to whom delvry of goods is given will get credit on the basis of manufacturer invoice...
In Transit sale buyer to whom delvry of goods is given will get credit on the basis of manufacturer invoice...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Tax on Amount transferred in HUF Account
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
