First stage or second stage dealers
This query is : Resolved
25 February 2014
who are first stage or second stage dealers?
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.
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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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.
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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