Trader excise

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 December 2013 Hi,

I wish to get expert inputs on my following query:

If i am a trader with excise registration at my warehouse, I get a certain product from a manufacturer who has an excise registration and then i sell with a profit to my customer who also has an excise registration.

Manufacturer bills me and i bill my customer.

In this scenario i will be also be passing on the excise credit to my customer but won't he find out the margin i have kept as he will get to know the excise credit.

I require my inputs if the above is correct and if yes what is the ideal way in which i can pass on the excise credit benefit to customer along with not disclosing the margin amount.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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07 December 2013 Registered dealer can only pass the cenvat credit on the basis of manufacturer invoice. Cenvat credit can not be add in the profit margin.