banner_ad

Excise duty pass on as dealer

EXICSE (Legacy) 626 views 1 replies

I am a trader and registered with excise under dealer. I purchased goods from manufacturer in Excise of 6% and further sale to manufacturer. How it will be pass on and under which section. 

Also kindly explain the following case:

I purchased goods from 'A' in basic price Rs. 100 + (Excise 6%) Rs. 6 + (Vat @ 5%) Rs. 5. Total Rs.111. Further I sale this one to 'B' at base price of Rs.120 + (Excise Pass on) Rs. 6 + (Vat @ 5%) Rs. 6 = Total Rs 132. Whether this one correct or not. If Yes please let me know the sections and notification also how will I account this one. Also, process to maintain this.

Regards

Ankit

Replies (1)

As a dealer registered with Central Excise you are entitled to pass on the Central Excise/CVD/SAD which has been paid by the Manufacturer/importer.

The dealer is not liable to pay any duty, he has to only pass on the duty paid per unit, hence the price at which the goods are sold by the dealer is not relevent.

The sale of goods to 'B' at base price of Rs.120 + (Excise Pass on) Rs. 6 + (Vat @ 5%) Rs. 6 = Total Rs 132 is correct.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details