15 July 2013
Dear sir, We have started business with VAT/CST Registration and wants to go for Excise Registration to avail MODVAT benefits to the customers. We are purchasing material from the manufacturer as well as the traders due to material availability.
My Queries are :
1. What is first stage dealer and second stage dealer registration or invoice ? Which registration (first or second stage) will serve our purpose ?
2. Can we pass on MODVAT benefit to our customers if we purchase it from the second stage dealers ?
Please also provide standard formats for Tax Invoice-cum-Challan.
15 July 2013
1. Yes, fist stage and second stage dealer can issue the cenvatable invoice. 2. Yes, upto second stage dealer can pass the duty.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 July 2013
Thank you Ajayji for the reply. I understand from your opinion that the dealer registration for first stage dealer and second stage dealer is one and the same with Excise department and we can pass duty upto second stage dealer, but can not pass if we purchse from the second stage dealer (i.e. we are at third stage) Thanks again.