Excise invoicing.

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 Dear Members,

Please clarify one query regarding the excise invoicing by the Excise dealer:

Movement of manufacured goods in a company is as follows:

Step A: Factory transfers the material to Nasik warehouse against a stock transfer invoice.

Step B: Nasik warehouse stock transfers it to Delhi warehouse on a stock tranfer invoice and on the stock tranfer invoice , invoice number of step A is mentioned.

Step C: Delhi warehouse again stock transfers it to Jaipur warehouse on a stock tranfer invoice and on the stock transfer invoice, invoice number of Step A & step B is mentioned.

Question

While issuing the excise invoice to final customer , the Jaipur warehouse should give reference of stock tranfer invoices in steps A , Step B and Step C OR should it give reference of stock transfer invoice no. of Step A and Step C.

 Thanks in advance for your valuable advise.

Rgds

Vaishali Sharma

Replies (1)

under excise, maximum upto two levels transfer is possible, as 1st stage dealer and 2nd stage dealer, 

your such warehouses have to get registered as excise registered dealer, and transact the same

if materials are sold to manufacturer upto 2nd stage dealer then cenvat credit is avilable, however if the no of dealers exceeds then cenvat credit will lapse.

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