First stage or second stage dealers

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krishna bhaskaran

krishna bhaskaran (Querist)
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25 February 2014 who are first stage or second stage dealers?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 February 2014 FSD & SSD are delares who are registered under the Central Excise.

FSD purchases goods from a manufacturer and is allowed to pass on credit of excise duty to the buyer.

SSD purchases goods from SSD and is allowed to pass on credit of excise duty to the buyer.

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Santosh Kalburgi

Santosh Kalburgi (Expert)
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26 February 2014 Some correction
SSD purchases goods from FSD and might sell it to a manufacturer customer, who can again avail the cenvat credit provided that the SSD is registered and also provides proper document.

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