Rule 11 of central excise rule 2002

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 June 2012 Our co. is a manufacturing and trading concern....for the sale of traded goods it issue a invoice under Rule 11 of Central Excise Rule 2002 and on the invoice first stage dealer is written...my questions are:-
1) If the co.is selling traded goods then why excise invoice is issued to the buyer?

Dilip Kumar Agarwal

Dilip Kumar Agarwal (Expert)
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11 June 2012 If the selling person is registered under Central Excise as first or second stage dealer, he can issue excise invoice to their purchaser so that the purchase, if a manufacturer having duty obligation, is able to avail cenvat credit or if such goods are sold by a first stage dealer to a second stage dealaer, the second stage dealer would be in a position to issue excise invoice to his customer enabling him to take cenvat credit if required.