Excise

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HI CAN ANY ONE SOLVE MY QUERY GIVEN BELOW ?

MY COMPANY NAME IS ABC LTD

WE HAVE PURCHASED MATERIAL FROM XYZ & XYZ ATTACHED EXCISE GATE PASS OF BCD COMPANY

WE HAVE SOLD THIS MATERIAL TO PQR

NOW MY QUESTION IS THAT PQR WANT TO TAKE CENVAT CREDIT, SO WHO WILL BE CONSIGNEE IN THE EXCISE GATE PASS OF BCD COMPANY ?

 

THNX

NILESH

Replies (1)
Originally posted by : NILESH KUMAR PRAJAPATI

HI CAN ANY ONE SOLVE MY QUERY GIVEN BELOW ?

MY COMPANY NAME IS ABC LTD

WE HAVE PURCHASED MATERIAL FROM XYZ & XYZ ATTACHED EXCISE GATE PASS OF BCD COMPANY

WE HAVE SOLD THIS MATERIAL TO PQR

NOW MY QUESTION IS THAT PQR WANT TO TAKE CENVAT CREDIT, SO WHO WILL BE CONSIGNEE IN THE EXCISE GATE PASS OF BCD COMPANY ?

 

THNX

NILESH

BCD (manufacturer)>XYZ (1st stage dealer) > ABC (2nd stage dealer) > PQR ( puchaser factory)

this is excise system of registration and every identity has to issue cenvatable invoice in order above to pass the duty in order to pass the duty to final buyer PQR

so XYZ  and ABC has to get registered with excise as dealer and issue cenvatable invoice under tha chain, without which the ED will lapse after issue of invoice from BCD to XYZ and could not be carried forward to ABC or PQR.


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