How to avail excise duty credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 December 2012 If a registered dealer "B" purchase copper a importer who on sale value of Rs. 200 per kg charge duty @ 12.36% i.e Rs. 25 per kg so invoice to B will be 225 per kg then "B" sold this copper to another dealer "C" at a rate of 220 per kg then pls tell how much excise duty will B charge on his invoice to C. whether on 220 rate or whether Rs. 25 which was charged by A to him

CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)
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25 December 2012 Dear Friend, the excise duty will on Rs. 220/- as charged by B to C i.e. Rs. 27.20 further B can claim CENVAT Credit on Rs. 25 as paid earlier. Thanks