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I & II STAGE DEALER IN EXCISE ACT

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What are the advantages of registration as a 1st and 2nd stage Dealer in Excise?

Whether Dealer in Excise can take Cenvat Credit?

If dealer purchases from Industry who charge the Excise duty and sells to another Manufacturing Concer then can the Dealer pass on/ shift the cenvat Credit to the another manufacturing concern??

Thank you!!

Replies (1)

Dear Rakesh,

1. As per Excise Laws Manufacturer or Importer can pass excise duties only upto 1st & 2nd Stage Dealer. The advantage is only to 1st stage Dealer, since he pass the duties to 2nd Satge Dealer. But all the duties passed to 2nd Stage will bw cost to him.  

2. Since the dealer are not manufacturer, the can only pass the duties to Buyer. Yes they can avail cenvat credit.

3. Yes. He can transfer duties to other manufacurer.

Re,

Nitin Karmalkar

M.No.9822610852 

 


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