In Central Excise Registered dealer case x purchase goods for Rs. 112.50 in which Rs. 100 is trasanction or assessable value and Rs. 12.5 is Excise Duty. He sold same goods same quantity and receive Rs. 100 as 12.50 for duty and 87.5 for goods.
In this case can the buyer claim CENVAT of Rs. 12.5 on the basis of invoice issued by x revealing his ECC No., Excise code of the goods, rate of duty and amount of duty, or the CENVAT has to be proportioned because goods acquired by the buyer at lower price.
Please also clerify that if x sold goods at Rs. 200, x is not bound to levy excise duty because he is trading the goods as it is as he purchased them and no manufacturing was made at all.
Whether the detail of manufacturer and his Excise registration number is required to be quote on the invoice issued by x despite of the fact that he is registered dealer.
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