09 November 2009
Can any one explain me the following procedure is possible
'A' is a dealer registred with Central Excise dealing Iron and Steel. 'B' is it's branch in the same state(Tamil nadu). 'A' is purchasing goods from First stage dealer. Now 'A' become Second Stage Dealer. 'A' is transfering it to 'B'(it's branch) on Stock Transfer Bais. Now can the 'B' is eligible to give CENVAT invoice? What is the procedur to be followed?
10 November 2009
B is eligible to give CENVAT invoice subject to following : A is registered dealer B is also registered with Central Excise A has to maintain specified books
CAclubindia
