Dealer stock Transfer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 November 2009 Can any one help me to do following conditions of Transaction Kindly give me any Notification, Circular,Judgemnets,approval or any other leagulprovision (supporting documents)in the rule for approving following conditions of transaction.

'A' is a Second stage dealer registred with Central Excise(Iron and Steel)
'B' is its branch with in the state Registred with Central Excise.
'A' is transfering Goods to 'B' on stock transfer basis.
'B' is issuing CENVAT Invoice to end user to avail cridit.

S. Banerjee

S. Banerjee (Expert)
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06 December 2009 Being a second stage dealer 'A' can pass on the duty to his customer/or branch for consumption only but can not sale it to any dealer for further pass on the duty.
Hope this will serve your purpose,
Thanks, S. Banerjee