24 March 2013
AS PER EXCISE RULES, WHEN A DEALER OR TRADER PURCHASES THE GOODS FROM MANUFACTURER DIRECTLY AND SALES THE SAME GOODS TO HIS BUYER, HE IS CALLED FIRST STAGE DEALER. BUT WHEN A DEALER OR TRADER PURCHASES THE GOODS FROM FIRST STAGE DEALER AND SALES THAT GOODS TO HIS BUYER, HE IS CALLED SECOND STAGE DEALER. THANKS. PLEASE CLICK ON "THANKS USER", IF YOU ARE SATISFIED WITH THE REPLY. R.K. GARG (CONSULTANT)